Concept of Delay in Maritime and Transport Law. Olena Bokareva JASN06 International Law on Shipping and Trade September 14, 2012 Lund University. Useful Material . John E. Stannard . Delay in the Performance of Contractual Obligations , OUP, 2007
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JASN06 International Law on Shipping and Trade
September 14, 2012
“A carrier shall be at liberty to surrender in whole or in part all or any of his rights and immunities or to increase any of his responsibilities and obligations under these Rules, provided such surrender or increase shall be embodied in the bill of lading issued to the shipper.”
1. ”The carrier is liable for loss resulting from loss of or damage to the goods, as well as from delay in delivery”
2. Delay in delivery occurs when the goods have not been delivered at the port of discharge provided for in the contract of carriage by sea within the time expressly agreed upon or, in the absence of such agreement, within the time which it would be reasonable to require of a diligent carrier, having regard to the circumstances of the case.
Subject to article 61, para.2, compensation for loss of or damage to the goods due to delay shall be calculated in accordance with article 22 and liability for economic loss due to delay is limited to an amount equivalent to two and one-half times the freight payable on the goods delayed. The total amount payable pursuant to this article and article 59, para.1, may not exceed the limit that would be established pursuant to article 59, para.1 in respect of the total loss of the goods concerned.