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ARBITRATION BETWEEN LAURITZEN KOSAN TANKERS AND CHEMICAL TRADING, INC.

No. 95 Civ. 5704 (HB).

903 F.Supp. 635 (1995)

In the Matter of the ARBITRATION BETWEEN LAURITZEN KOSAN TANKERS, Petitioner, and CHEMICAL TRADING, INC., Respondent.

United States District Court, S.D. New York.

November 9, 1995.

Attorney(s) appearing for the Case

Eugene J. O'Connor, Lisa E. Reilly, Freehill, Hogan & Mahar, New York City, for Petitioner.

Eric D. Grayson, Law Offices of Eric D. Grayson, Greenwich, Connecticut, for Respondent.

MEMORANDUM AND ORDER

BAER,1 District Judge.

Petitioner, Lauritzen Kosan Tankers ("LKT"), moves to confirm an arbitration award rendered on June 23, 1995 against respondent, Chemical Tankers, Inc. ("CTI"). For the reasons indicated below, I confirm the award.

On or about August 30, 1994, petitioner and respondent entered into a written "charter party," or contract, for the shipment of ambient propylene from Yosu...

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