Hudson Shipping

US based commodity giant Castleton and Hudson Shipping reached a settlement agreement over a pair of ultramax bulker newbuilding for $12 million. Castleton Commodities seized Hudson Shipping’s $1.37 million and Judge Lynn Hughes released the money. US based commodity giant Castleton enforced arbitration award against Chicago based Hudson Shipping. Hudson Shipping breached the bareboat contract for 2016 built ultra bulk carriers 61K M/V Loch Nevis and M/V Loch Ness which are serving in C Transport Maritime Pool. US based commodity giant Castleton Commodities applied London Maritime Arbitrators’ Association and win award against Hudson Shipping.