Kondot SA v Duron LLC, arising under a Charter Party of the M/V HANZE GENDT dated 17 April 2020 - Partial Final Award - 17 August 2020
Before: Louis Epstein
David W. Martowski, Chairman
The Panel unanimously grants Kondot's emergency application and declares that Duron repudiated the Charter dated April 17, 2020 and Addenda and that Kondot was entitled to accept Duron's repudiation and terminate the Charter.
The Panel will remain constituted in accordance with the Parties' agreement to hear and decide their remaining claims and counterclaims arising under the Charter dated April 17, 2020.
The Panel makes no award at this stage concerning the legal fees and expenses of the parties or the Panel with respect to this emergency application but will reserve making such award as part of a final award in this arbitration or until such other time as the Panel deems appropriate.
This Partial Final Award may be made a rule of the court in accordance with Clause 45 of the Charter dated April 17, 2020.