Wans Law Frim LLP won a Maritime and Sales dispute in CEITAC Beijing

A Shanghai stock market listed, but Xiamen domiciled firm ordered a full vessel of Nickel Ore late of 2011. Anticipating the price would go down dramatically soon, the buyer colluded with its ocean ship carrier to terminate the contract and cancelled the order. The carrier picked some sample to test the moisture content and used its test result as an excuse to refuse uploading of the cargo. Consequently, the buyer terminated and voided its order by presenting the excuse that carrier refused to load and ship the cargo, there was no way to get the Nickel to its destination as agreed.

The arbitrator and vender’s lawyer clearly discovered the true matter of the fact and applicable maritime law. The buyer was awarded to pay millions of dollar to the vender as its cost of breach and termination of order(2013-07-08)