The owner of an arrested pipe-layer is taking legal action in the US to free the ship and recoup millions of dollars in damages before a Nigerian company can have it auctioned off in Ghana.

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Second Gourdomichalis bulker seized in ship abandonment case
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Dallas-based WAG SPV I and New York lender Hark Capital allege Fortune Global Shipping & Logistics had the 8,531-gt Sea Horizon (built 1977) wrongly arrested last autumn.