Seawolf Tankers has dropped its lawsuit against a Ridgebury Tankers-connected company in a dispute over an ill-fated VLCC voyage earlier this year.
The pool operator filed for voluntary dismissal on Wednesday, ending one of the many, worldwide legal actions over the 305,307-dwt Stribog's (built 2000) journey from the Caribbean to China under charter to Laurel Shipping.
Voluntary dismissal implies, but does not necessarily mean, the parties settled.
