Jo Tankers BV v. Empresa Maritima Americana, Ltd. (The “JO Hegg”) – SMA No. 4019, 19 Dec 2008

ASBATANKVOY -- FAILURE TO PROVIDE CARGO -- CONFIDENTIALITY -- IMPROPER CANCELLATION -- Owner Award While the Vessel was in port awaiting cargo for another charterer, Owner was approached with the opportunity to load another cargo in the interim. The second fixture was quickly made, and Owner re-negotiated their laydays with the first charterer. The second charterer then promptly cancelled the fixture. Owner submitted a claim for lost profits, which the second charterer refuted due to the brevity of the fixture.