Damage and Loss of Cargo Disputes

Damage and loss of cargo disputes in the context of charter party agreements arise when goods transported by a chartered vessel are damaged or go missing. These disputes typically involve claims for compensation, where one party (often the cargo owner) argues that the carrier (shipowner) failed to handle the cargo properly, leading to damage or loss. Resolving these disputes often requires examining the charter party terms, the carrier's responsibility during transport, and any relevant regulations to determine liability and the appropriate financial compensation.