A Fujian Ocean Shipping has taken ING to court, alleging the Dutch bank wrongfully arrested one of its ships as it scrambled to collect on its OW Bunker claims.
Zheng Yao Shipping Group, the registered owner of the 81,716-dwt bulker Zheng Yao (built 2014), filed suit in New Orleans federal court Tuesday, looking to recoup more than $1m in damages after a 2016 lawsuit had the ship arrested and held in Louisiana for two and a half months.