d’Amico International Shipping also announced last week an increase in the number of arbitrations involving its joint venture with ST Shipping and Transport, Glenda International Transport, and SLS Shipbuilding of Korea. Most recently the company commenced arbitration with respect to the contracts for the construction of two 51,000 DWT product/chemical carriers (hull nos. S512 and S513).
These actions are subsequent to the recent commencement of proceedings under the contract for hull number S511.
In this instance, Glenda is seeking clarification of its cancellation rights under the shipbuilding contracts in anticipation of further delays in the delivery of
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Tags: · d’amico International Shipping, Glenda International Transport, SLS Shipbuilding of Korea, ST Shipping and Transport
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