Transportes Maritimos Centroamericanos SA and Paper Sea AS (The “Forest Link”) – SMA No. 3800, 17 Sep 2003

NYPE -- ARBITRATION -- TIME CHARTER -- OFF-HIRE -- REPAIRS -- Charterer Award This case is a Charterer re-petition to the panel to terminate the time charter contract with the Owner because of ongoing repairs that render the Vessel off-hire and because of new information indicating Owner financial difficulty.
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