On 23 February, a court in Port Elizabeth, South Africa, rendered a surprising and dangerous decision. Despite clear evidence that a cargo of phosphates carried by the 60,494-dwt bulker NM Cherry Blossom (built 2015) had been properly sold by Moroccan OCP to Ballance Agri-Nutrients in New Zealand, the court decided that the cargo belonged to the Polisario Front, a rebel national liberation movement.
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Cherry Blossom case undermines the laws of international trade
South African court ruling fundamentally violates principle of sovereign immunity, and undermines global commerce
11 April 2018 22:00 GMT
Updated
12 April 2018 12:10 GMT
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