ORDER
LYNCH, District Judge.
This action in admiralty for breach of contract of ocean carriage is brought by insurers of cargo being carried to the United States from Korea aboard the vessel Ocean Ace, which sank following a collision in Korean waters with the vessel Salix. Defendant Pan Ocean Bulk Carriers, Ltd., the owner of the Ocean Ace, is a Korean corporation. Plaintiffs Fireman's Fund Insurance Company and Royal Globe Insurance Company are both American...
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