Danish bunker and tanker group Monjasa has had claims against Libyan shipowner GNMTC rejected by a UK court because it was too late in filing for the action.
It was suing Deep Sea Maritime, the owner of GNMTC's 115,000-dwt aframax Alhani (built 2007), over a bunker deal that went wrong in 2011.
Deputy high court judge David Foxton QC said Deep Sea Maritime had sought a judgement on whether Monjasa's claims were time-barred under Article III Rule 6 of the Hague Rules because legal action was not brought within a year.