Lloyd's Maritime Law Newsletter
TMM Division Maritima SA de CV v Pacific Richfield Marine Pte Ltd – High Ct (Chan Seng Onn J) [2013] SGHC 186 – 23 September 2013
Arbitration – Award – Whether award should be set aside for breach of natural justice or excess of jurisdiction – Dispute arising out of sale of ships and purported repudiatory breach by seller
Disputes
arose over the sale of two second-hand vessels. Addendum No 1 to each Memorandum
of Agreement (MOA) stated that the vessel should be delivered with the repairs
in the attached spreadsheet completed at the seller’s cost.