A huge claim for damages by Indian charterer Aruna Shipping has come to nothing at the end of arbitration with Overseas Marine Enterprises.
The Greek owner prevailed over Aruna in a hearing at London’s International Dispute Resolution Centre over the January 2021 charter of the 53,600-dwt supramax Leonidas (built 2005).
TradeWinds understands that Overseas Marine no longer regards vessel arrests as a threat.
