Elfellowship, Inc. v. Petrolea Oil Corp. (The “Filikon L.”) – SMA No. 3220, 8 Nov 1995

ASBATANKVOY — DEMURRAGE — ARBITRATION — INTEREST — Owner Award

Once a demurrage sum was agreed upon, the Charterers confirmed that payment would follow. However, after nine months of no response to their invoices, the Owners began arbitration to recover the demurrage amount plus interest and legal fees.

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