Gaschem Tankers v. Montpelier Trading, Inc. (The “Elbegas”) – SMA No. 3484, 20 Nov 1998
ASBATANKVOY — DEMURRAGE — INTEREST — ARBITRATION — Owner Award
The Charterers agreed to the Owners’ demurrage invoice; however, they failed to deliver payment over the course of several months. The Owners began arbitration to collect demurrage plus interest.
