Jo Tankers BV v. Lynwil International Trading (The “JO Maple”) – SMA No. 3947A, 19 Jan 2007
ASBATANKVOY — BERTHING ORDERS — CANCELLATION — MITIGATE — FAILURE TO PROVIDE CARGO — LOST PROFITS — Owner Award
Three days after laycan, the Charterers declared that the cargo transaction had failed and cancelled the charter. The Vessel sailed to fulfill other pre-existing contracts, and initiated arbitration to recover lost profits.
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