Fireman’s Fund Insurance Co. v. Stolt Tankers Inc. (The “Stolt Resolute”) – SMA No. 3482, 10 Nov 1998
CARGO — SAMPLE — RECONDITIONING — ARBITRATION — Owner Award
After sampling the cargo and finding it off spec, the Receiver’s insurance company demanded that the Owner pay for cargo reconditioning. The Owner argued that, upon delivery, the cargo was more pure than the Receiver’s average stock and counterclaimed for punitive cleaning damages.
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