
Greek Star Bulk Carriers had an outstanding claim in South Korean Pan Ocean, which was put up for sale last week - and the carrier has now divested this claim and secured a net gain of USD 9.38 million, says Star Bulk in a statement.
The dry bulk carrier had, at a court in Seoul, filed a compensation claim due to the premature return of one of the company ships which was chartered out to Pan Ocean, a company previously known as STX Pan Ocean and now up for sale.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app