Stelios B Maritime Ltd. v. Ibeto Cement Co. (The “Stelios B”) – QBD (Comm. Ct.), 24 Mar 2006

GENCON -- IMPORT -- CARGO -- POSSESSORY LIEN -- DETENTION AT DISPORT -- ARBITRATION ACT 1996 -- PROPER CHARTER PARTY CANCELLATION -- Owner Award Because the Receivers recently had their import license revoked, the Vessel was unable to discharge cargo at the nominated disport. The Owners responded by exercising their possessory lien on the cargo and ordered the Vessel to remain outside of port while concurrently accruing demurrage. The Owners began arbitration with the threat of charter party cancellation if the cargo was not received commercially acceptable time.
To access this content, you must either Log In or Subscribe.