Federal Judge Confirms Maritime Award For Liberian Shipping Company

NEW YORK - After finding that a panel of maritime arbitrators did not exceed its authority in awarding a Liberian shipping company damages in relation to a charter party dispute, a New York federal judge on Oct. 31 refused to vacate the award and granted the company's petition to confirm (Phoenix Bulk Carriers Ltd. v. America Metals Trading LLP, No. 10-2963, S.D. N.Y.; 2013 U.S. Dist. LEXIS 156683).

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