‘Vigorously disputing’: Imperial Shipping heads to arbitration with Greek owner in cargo-loss case

UK shipowner Imperial Shipping, which carries forestry products in Europe, is locked in a legal battle over cargo loss and wrongful arrest.

Imperial revealed in a filing to UK Companies House that it is “vigorously disputing” a claim from the owner of the 25,000-dwt open-hatch bulker Jade I (built 1998) for $1.77m, plus costs and interest, relating to the loss of deck cargo in a storm.