Team Tankers AS v. Apex Energy (The “Team Jupiter” and “Loukas I”) – SMA No. 3965, 5 Jun 07

ASBATANKVOY — SHORTLOADING — WITHHELD FREIGHT — TWO BOTTOMS — DAMAGES — Partial Owner Award

In light of Owner violations to the voyage charter by splitting the cargo onto two vessels,, the Charterer made an unauthorized deduction from Owner’s freight payment to compensate for damages incurred during voyage. At arbitration, the Owner believed that the withheld freight payment and the Charterer’s damages should be treated as separate issues.