March 09, 2020
Marshall Islands shipowner Psara Energy urged a Texas federal court on Friday to revive its $19.9 million breach of contract suit against a Malta-incorporated charterer, pointing to an arbitral award stating the matter can't be decided in arbitration.
January 07, 2019
A Texas federal judge on Monday sent to arbitration in London a $19.9 million breach of contract suit Psara Energy Ltd. filed against the purported successor corporation of Space Shipping Ltd., rejecting Psara's pleas to keep the case in court.
December 05, 2018
A Marshall Islands shipowner has urged a Texas federal court not to force it to arbitrate its suit seeking security as it pursues a $19.9 million breach of contract claim against a Malta-incorporated charterer, arguing that a magistrate judge mistakenly overlooked a key issue.
November 21, 2018
A Texas federal judge has recommended that Psara Energy Ltd.'s $19.9 million breach of contract suit against the purported successor corporation of Space Shipping Ltd. be arbitrated, saying Psara's claims are connected to those in an ongoing foreign arbitration proceeding.
July 02, 2018
Psara Energy Ltd. asked a Texas federal court on Friday to reject a purported successor corporation's bid to arbitrate Psara's claims over Space Shipping Ltd.'s alleged $19.9 million breach of maritime contracts, saying the claims are related but distinct from several already in a foreign arbitration proceeding.