Stranded Bunker Dispute Vessel Released by Bombay High Court

Friday March 17, 2017

The High Court of Bombay has released the cargo ship Union Demeter, which was arrested last December in Haldia Port on the shipowner's outstanding bunker bills, TradeWinds reports.

As Ship & Bunker reported February, the vessel was set to be released to return to China after ship's bankrupt owner Nanjing-based Tranvast Holdings Limited (Tranvast) had been able to settle the outstanding fuel costs and the crew's salary, according to Crew manager Nanjing Yuan Teng Shipping.

Court documents show Justice SJ Kathawalla ordered the release of the 20,500 DWT Union Demeter after the shipowner furnished a security in court, depositing a full claim amount of approximately $101,200.