Stolt Tankers, Inc. v. Clarissa Shipping Co. Ltd. (The “Lacerta”) – SMA No. 3515, 5 Mar 1999

SHELLTIME 3 -- VOYAGE -- CARGO -- CONTAMINATION -- SALVAGE -- TIME-BAR -- COSGA -- Partial Owner Award At some point along the voyage, the cargo had become contaminated and had to be sold as salvage at a great loss to the sub-charterers. The Charterers presented a timely claim to the Owners and communication about reimbursement continued between parties over the next year until the Vessel Owners declared the claim time-barred under COSGA.
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