A bid by Ispat Industries to overturn an arbitration over a cancelled supramax bulk carrier charter has failed.

An arbitration that went against the Indian steel maker has now been upheld by London high court judge, Justice Teare.

The Sabrina I is part of the Portline fleet.
The dispute centred on the charter of the 52,000-dwt Sabrina I (built 2005) to carry a cargo of iron ore between the Indian ports of Visakhapatnam and Mumbai.

Western