AWARD ON DISPUTE OVER LIQUIDATED DAMAGES AND OTHER EXPENDITURES FOR MV “RICHMOND”
[2022] 1 CMCLR 72 (CMAC)
CHINA MARITIME ARBITRATION COMMISSION(SHANGHAI)
Ship entrustment contract – Contract was not renewed – Whether the factual management existed – Documents of safety management system – Crew wages paid in advance, materials and spare parts, management fee etc – Liquidated damages – Article 107 and Article 114 of Contract Law of the People's Republic of China.