Shipowners get a breather in OW dispute
The decision to have the UK Supreme Court assess the pivotal trial case in the large-scale dispute following the collapse of OW Bunker, and ING Bank's subsequent arrests of vessels, is good news for shipowners, Johannes Grove Nielsen, partner at law firm Bech-Bruun, tells ShippingWatch.
BY TOMAS KRISTIANSEN
Although it did not come as a big surprise to many people that the UK Supreme Court will now treat the so-called Res Cogitans case in the major OW Bunker conflict, the ruling still provides a certain amount of relief among shipowners around the world.
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