US bulker operator Milind Trilokekar is looking to US federal courts to get a $2m arbitration award paid after one of his ships was stuck laden off Panama for months last year with a cargo of wheat with no buyer.
The unlucky travels of the 35,000-dwt Hanze Gendt (built 2012) are being blamed on an official of the Bolivian food import agency Empresa de Apoyo de Produccion de Alimentos (Emapa), who allegedly proposed to do a piece of business with false documentation.
