AWARD ON THE DISPUTE OVER REFUND FROM SALVAGE CONTRACT FOR SALVAGE OF MV “NANXIA 9”
[2020] 4 CMCLR 62 (CMAC)
CHINA MARITIME ARBITRATION COMMISSION(SHANGHAI)
Contract for salvage of the sunk vessel – Not actually operate the salvage – Whether it constituted the apparent agency – Whether the contract was concluded – Not perform the contract – Contract termination – Liquidated damages – Security deposit for oil pollution risk – Article 94 of the Contract Law.