Argolis Shipping Co. S.A. v. Midwest Steel and Alloy Corpn. (The Angeliki) - Q.B.D. (Com.Ct.) (Lloyd J.) - 19 July 1982

Arbitration hearing - Sealed offer not accepted - Arbitrators’ discretion on costs

Various disputes arose between the owners of the vessel Angeliki and the charterers under a Gencon form. Owners claimed (1) damages resulting from the dangerous nature of the cargo, (2) balance of freight, (3) demurrage, and (4) discharging expenses. Charterers counterclaimed (5) that owners had failed to carry the cargo carefully and properly.