Seaemblem Marine Ltd v Jahre Ship Services A/S and Jahre Ship Services A/S v Arochem International Inc (The ""Boni”) - New York Arbitration before R Glenn Bauer, Jack Berg and Larry Mahoney (Chairman) - 7 March 1994

Chartered voyage terminated by reason of fire in engine room - Measure of damages - Whether sub-charterers entitled to recover damages in respect of equity and yield losses

This was a consolidation of claims arising out of two back-to-back charterparties. The first charterparty was on the Asbatankvoy form between Seaemblem Marine Ltd (""the owners”) as owner of the vessel Boni , and Jahre Ship Services (""the charterers”) as charterer. The second was a charterparty of the same vessel on the same form, having Jahre as chartered owner and Arochem International Inc (""the sub charterers”) as charterers.