Shipping & Freight #arbitration#charter payment
Hunter Group Initiates Arbitration Over $28.2M VLCC Charter Payment Dispute
Norwegian shipping and investment company Hunter Group has commenced arbitration proceedings in London against a long-term charter counterparty over a failure to pay approximately $28.2 million in charter hire. The dispute, which first surfaced in April, involves reduced payments for March, April, and May, with the charterer contesting its obligations. Hunter Group is seeking recovery of all outstanding hire plus interest and costs via the London Maritime Arbitrators Association.
Jun 17, 2026 1 source