A court ruling in a long-delayed tanker charter case has revealed problems caused by Western sanctions against Russia and what was described in court records as “negligent” legal advice.
Mubariz Mansimov’s Turkey-based tanker owner Palmali Holding is suing Russian charterer Litasco over a disputed contract of affreightment (COA) dating back to 2017.
Disputes over the compensation amount sought led to the adjournment of a trial in 2021.
