George Procopiou’s Dynacom Tankers Management has reached a settlement agreement to pay ING Bank for a debt owed to collapsed OW Bunker, though an affiliate of Aegean Marine Petroleum Network is pursuing the right to the same funds.
A shipowning affiliate of the Greek shipowner agreed to pay the Dutch bank, which held $700m in OW at the time that the Danish fuel supplier collapsed, about $994,000 plus unspecified interest, according to legal filings reviewed by TradeWinds.
The
