AGA Partners successfully represented a Swiss freighting company in their action for the arrest of the vessel and enforcement of the claim for the sum of USD 200,000.00.

During the performance of the voyage charter, the owners unilaterally cancelled it without any reason leaving the Client with the damages for the sum of USD 200,000.00. The Client had no other choice but to apply for arbitration in London and seek the arrest of the vessel to ensure their claim.

The vessel arrived in Georgia for her next voyage. However, the Client, represented by AGA Partners and local legal counselors, successfully obtained an arrest of the vessel from the Georgian court to secure the claim for damages.

As a result, the Owners agreed to settle the claim by reimbursing the Client the damages for the sum of USD 200,000.00.

The AGA Partners’ team was represented by partner Ivan Kasynyuk as well as senior associate Yurii Bedenko.