Team Tankers v. Noble Americas Corp. (The “Team Jupiter”) – SMA No. 4183, 31 Aug 2012
ASBATANKVOY — VESSEL COLLISION AND DECEPTIVE HANDLING — DEADFREIGHT — VETTING REJECTION — COMMERCIAL DAMAGES — Charterer Award
Without Charterer’s knowledge, the Vessel had suffered class-affecting damages while operating under a prior charter. As a result, the Vessel was rejected at discharge port by the Receiver’s vetting group and the Charterer was forced to make a distress sale at severe losses. Owner commenced arbitration proceedings to collect deadfreight and demurrage; Charterer counterclaimed for commercial losses.
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