Malta's top court has again backed a mortgage holder in a row over the arrest of a ship despite its being auctioned to a new owner.
In February, the Superior Courts of Appeal ruled in favour of financier Jebmed in the case of the 23,000-dwt Bright Star (built 2011, ex Trading Fabrizia).
The bulker was sold at auction in Jamaica by the ship’s mortgagee in January 2018.
