An Iranian company has arrested a Norwegian-controlled offshore vessel in India over an aborted sale.
Tehran-based Batservice Contracting AS Kish has told the High Court of Gujarat that it contracted in December 2018 to finance MKF Shipping's purchase of a platform supply vessel from Solstad Offshore subsidiary Farstad Shipping.
Batservice told the court that after acquiring the PSV with the plaintiff's money, MKF had allegedly agreed to deliver it in the Iranian port of Shahid Rajai under DNV GL class and Marshall Islands flag.
