Payment Disputes

Payment disputes in the context of charter party agreements arise when one party claims that the other has not fulfilled their financial obligations under the contract. This can involve disagreements over the amount owed, payment timing, or conditions for payment. For example, a shipowner may argue that a charterer has not paid for the use of a vessel as agreed, while the charterer may dispute the charges. Resolving these disputes typically requires negotiation, review of contract terms, and sometimes legal action to determine the correct financial responsibilities of each party.