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  5. 631 F.Supp. 1488 (1986)
 

GENERAL AUTHORITY v. S.S. CAPETAN COSTIS I

No. 85 Civ. 3734 (LFM).

631 F.Supp. 1488 (1986)

GENERAL AUTHORITY FOR SUPPLY COMMODITIES, Plaintiff, v. S.S. CAPETAN COSTIS I, her engines, boilers, etc., Olymbos Shipping Corp., Arab Finagrain Agri-Business Trading Company, Defendants. OLYMBOS SHIPPING CORP., Third-Party Plaintiff, v. STELLAR CHARTERING AND BROKERAGE, INC. and Continental Grain Export Corporation, Third-Party Defendants.

United States District Court, S.D. New York.

April 9, 1986.

Attorney(s) appearing for the Case

Healy & Baillie by Robert G. Shaw, New York City, for defendant and third-party plaintiff Olymbos Shipping Corp. Monrovia.

Hill, Rivkins, Carey, Loesberg, O'Brien & Mulroy by Francis J. O'Brien and Douglas R. Burnett, New York City, for third-party defendant Stellar Chartering and Brokerage, Inc.

Poles, Tublin, Patestides & Stratakis by Edward M. Cuddy, III, New York City, for plaintiff General Authority for Supply Commodities.

OPINION

MacMAHON, District Judge.

Olymbos Shipping Corp. ("Olymbos") and Stellar Chartering and Brokerage, Inc. ("Stellar") move, pursuant to 9 U.S.C. § 4, to compel arbitration and stay this action.

FACTS

In March 1984, Olymbos chartered its vessel CAPETAN COSTIS I to Stellar pursuant to a charter party to carry corn from the United States to Egypt. Stellar then entered into a charter party with Arab Finagrain Argi-Business Trading...

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