Chinese state owner Cosco has fought off an attempt by a charterer to throw out a London tribunal award arising from the bankruptcy of Britannia Bulk in 2008.
Cosco Bulk Carrier was the subject of an appeal in the UK high court over a deal for a bulker named as Grand Fortune in 2007.
The tribunal had ruled that it had jurisdiction to decide on whether Cosco was owed money by the ship's sub-charterer Americas Bulk Transport (ABT), a company unconnected to Britannia Bulk.
