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.

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