With attempts to enforce its award temporarily frustrated in Mauritius, Betamax moved the battle to India.
At the beginning of December, it obtained an attachment order against a 40,000-tonne cargo of petroleum as it was being loaded onboard Eastern Pacific Shipping’s Pacific Diamond.
The High Court of Karnataka ruled that as Mauritius' State Trading Corp (STC) became the official consignee the moment the cargo was loaded onto the vessel, Betamax could seize it as security.
