NYPE -- CARGO -- CONTAMINATION -- SUBCHARTER -- TIME CHARTER -- UNSEAWORTHY -- NONPERFORMANCE -- OFF-HIRE -- Partial Owner Award
After repeated incidents of Vessel-caused cargo contamination, few valued shippers would subcharter the Vessel. The Charterers then began arbitration in order to terminate the long-term time charter with the Vessel on the grounds that the Vessel was consistently unseaworthy. The Owners argued that the only response to nonperformance is the off-hire clause, not cancellation.