Judge Confirms More Than $406K Award In Petcoke Shipping Dispute

( August 18, 2025, 2:13 PM EDT) -- WILMINGTON, Del. — A Delaware federal judge on Aug. 15 granted a Bahamian vessel-owner’s motion for default judgment confirming an arbitral award worth more than $90,000 with interest against a Chicago-based charterer that was contracted to deliver petroleum coke (referred to as petcoke) from a port on the Black Sea to China for disputes including the charterer’s failure to pay for fuel, which led to threats of arrest being made against the vessel....