Ex-shipowner Nobu Su was sentenced to four more months in prison on Tuesday, the day before he was scheduled for release.
A tale of two shipowners at war
July 2008
Polys Haji-Ioannou agrees to buy Nobu Su’s position in the forward freight market via his company Lakatamia Shipping. Su agrees to repurchase the position after one month.
October 2008-October 2009
Su repays some but not all of his outstanding liability against Lakatamia, refusing to pay the balance of $37.9m.
March
