By: George | December 14, 2019
As a local P&I correspondent GEOMAR Co.ltd. successfully assisted to West of England P&I Club member to execute a maritime lien on cargo due to unpaid freight.
In accordance with Maritime Code of Georgia shipowner has rights to execute a Maritime Lien on cargo and detain cargo for 72 hours which gives further time to obtain arrest of cargo via Courts and secure own interest during arbitrage process.
Considering above, cargo has been discharged and afterwards detained which gave to members ability not to keep vessel idle at port, but to fix vessel for next voyage. Within short period of time, members received full compensation which already included unpaid freights, correspondnets & legal costs and related dememmurages.