Arbitrators Limit Maine Ferry Owner's Award to $1.2 Million

PORTLAND, Maine - A three-judge arbitration panel has awarded the former operators of a Maine-to-Nova Scotia ferry service almost $1.2 million in rent rebates but rejected the company's $88 million claim for revenue the company claims it lost when it terminated service after a dispute over a mold-contaminated ferry building. Scotia Prince Cruise v. The City of Portland, Maine, No. 50-180 T 00150 05 (International Centre for Dispute Resolution).

The Sept. 21 final award by a panel from the International Centre for Dispute Resolution also rejected a demand by the City of Portland, Maine, for $576,530.45 in liquidated damages for …