JJ Ugland wasted no time in moving to arrest an Andreas Petrakis-backed ship after two bulkers crashed in the Gulf of Mexico last week.
Two of the Norwegian shipowners' companies, Ugland Marine Services and Ugland Shipping, filed a $3m lawsuit in New Orleans federal court after the 74,475-dwt Iolcos Unity (built 2006) was in a collision with Ugland's 63,532-dwt Livita (built 2017) three days before.
