Naviera Transoceanica and Products Tankers Management Company v PetroChina International (America) Inc. – SMA No. 4464, 29 August 2023

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VOYAGE SPEED - WEATHER - DEMURRAGE CLAIM - OWNERS GUARANTEE - SLOW STEAMING - ASBATANKVOY A voyage charter was made for the transport of clean petroleum product (CPP) from Cherry Point, Washington, to a Chilean port of the Charterer's choice. Owners initiated arbitration seeking a partial final award of outstanding demurrage, plus interest, costs, and attorneys' fees. Charterer disputed the claim, asserting that the vessel failed to meet the charterparty speed and failed to adhere to voyage orders, resulting in a missed discharge window.
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