OPINION
KEVIN THOMAS DUFFY, District Judge.
Plaintiff, Victor Shipping and Trading, Ltd. ("Victor Shipping"), time charter owner of the M.V. Gina Juliano, brought this admiralty action against Metal Transport Corporation ("MTC") for breach of contract. Plaintiff claims that in June, 1981 defendant chartered the M.V. Gina Juliano to carry a cargo of shredded steel scrap from the east coast of the United States to Turkey. Plaintiff alleges that defendant breached...
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