Dutch arbitrators rule for Fairmount

The Netherlands Arbitration Institute (NAI) has ruled in favour of offshore contractor Fairmount Marine in a contract dispute with heavy transport company Fairstar.
The arbitration board rejected Fairstar’s 2008 claim that Fairmount Marine was responsible for cost overruns and delays in the conversion and delivery of two semi-submersible heavy transport vessels, Fjord and Fjell, at Malta Shipyards.
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Source: upstream