MEMORANDUM AND ORDER
WHITMAN KNAPP, District Judge.
On October 12, 1979, respondent Orient Victory Shipping, S.A. ("Orient"), as "Owners", entered into a charter agreement with Frota Oceanica Brasileria, S.A. ("Frota"), as "Charterers", for the vessel Orient Victory. The charter party contained a standard arbitration provision. That same day, Frota, as "Owners", entered into a virtually identical agreement with petitioner Interbras Cayman Company ("Interbras...
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