Yellowfin Shipping Co. Ltd. v. Laurin Maritime (America) Inc. (The “Mountain Blossom”) – SMA No. 3959, 12 Apr 2007

ASBATANKVOY -- CHARTER PARTY -- ARBITRATION -- TANK CLEANLINESS -- WRONGFUL CANCELLATION -- Charterer Award Upon the Vessel’s arrival at loadport, the Charterers’ inspector rejected the Vessel due to excess rust and tank lining deterioration. The Vessel crew attempted to clean the tanks over laycan, but ultimately could not meet the inspector’s minimum standards, so the Charterers subsequently terminated the charter party. The Owners refuted the cancellation by claiming that the expected standards were unjust and began arbitration for losses.