Islamic Republic of Iran Shipping Lines (IRISL) has suffered a setback in a worldwide campaign to lay claim on a string of tankers it used to own.
Cypriot judges decided on Friday to lift the arrest of the 50,000-dwt Agios Nikolaos (built 2018), which was anchored at Larnaca since late October.
The ship immediately raised anchor and left port, the Cyprus Admiralty Marshal told TradeWinds.
