MTM Mississippi Pte Ltd v. SeaRiver Maritime LLC (The “MTM Mississippi”) – SMA No. 4507 – 20 August 2025
EXXONMOBILVOY2012 – DEMURRAGE – HALF-RATE DISPUTE – BAD WEATHER EXCLUSIONS
The vessel MTM Mississippi was chartered for the carriage of clean petroleum products from the U.S. Gulf to Chile. Owner claimed a principal balance of $40,516.66 in unpaid demurrage, while Charterer denied liability and counterclaimed for an alleged $11,441.36 overpayment. Both parties sought costs and attorney’s fees.