OPINION & ORDER
SPRIZZO, District Judge:
Plaintiffs, Bosung Industrial Company, Ltd. (now known as Woochang Construction Company) and Dong Bo Sangsa Company, Ltd., commenced this action pursuant to this Court's admiralty and maritime jurisdiction, 28 U.S.C. § 1333 (1982), seeking to recover under the Carriage of Goods by Sea Act ("COGSA"), 46 U.S.C. §§ 1300-1315 (1976), for damage to a cargo of concrete pipe. The pipe was shipped on March...
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