Lloyd's Maritime Law Newsletter
Primera Maritime (Hellas) Ltd and Others v Jiangsu Eastern Heavy Industry Co Ltd and Another – QBD (Comm Ct) (Flaux J) [2013] EWHC 3066 (Comm) – 15 October 2013
Arbitration – Award – Serious irregularity – Claimant buyers contending that sellers had renounced shipbuilding contracts – Arbitrators dismissing claim on basis that buyers affirmed contract – Buyers challenging award on basis that arbitrators failed to deal with issues that had been put to them
The
claimants were the buyers under two shipbuilding contracts with the defendant sellers
dated 12 July 2007 in relation to two Kamsarmax bulk carriers to be built at
the defendants’ yard in China.