Gantrade Corp. v. Pakistan Synthetics, Ltd. (The “Stolt Advance”) – SMA No. 3170, 1 May 1995
ASBATANKVOY — DEMURRAGE — DISPORT — VOYAGE — LAYTIME — ARBITRATION — Seller Award
Although the Buyers understand their contractual obligation to pay demurrage for delays at disport, they claim that this voyage’s delays were caused by government action and likewise a laytime exception. Additionally, the Buyers argue that they are not bound by the Panel’s decision because they never agreed to arbitration.
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