A Dutch court has knocked more than $2m off Eurotankers' claim against the owners of the arrested 146,000-dwt Mongolia (built 1996).
The tanker, owned by Asset Management Corp of Nigeria (Amcon), has sat in prolonged layup at Rotterdam, where it was seized in March 2016 by Greece's Eurotankers in a dispute over a collapsed sale.
Simon Tatham of London law firm Tatham Macinnes, Amcon's lawyers, confirms the reduction in the amount of security demanded for the release of the ship by order of the Court of Rotterdam's commercial division.
