Proodos Marine Carriers Co. v. Overseas Shipping & Logistics (The Good Hunter) - U.S.D.C. (S.D.N.Y.) (Haight D.J.) - 10 January 1984

Arbitration panel remains in office to resolve future disputes under affreightment contract

By a maritime contract of affreightment dated 23 June 1983 Overseas Shipping & Logistics (OSL) agreed to furnish a series of cargoes of polyethylene pipe in bundles for carriage in vessels to be supplied by Proodos from Houston to Richards Bay. The cargo was to be moved in three or four shipments, the first shipment taking place in July 1983 and the last by 28 February 1984. A term of the contract provided: