Milestone Shipping SA v. Estech Trading, LLC (The “Santa Barbara”) – SMA No. 4218, 9 Oct 2013
GENCON — FAILURE TO PROVIDE CARGO — BEST EFFORTS — DAMAGES — Owner Award
After the Vessel’s arrival at the loadport, the Charterer’s representative notified the Disponent Owner that they were unable to provide a cargo for the Vessel and had to cancel the charter party. The Disponent Owner brought arbitration proceedings against the Charterer to recover costs associated with their breach.
