George and Christos Economou sued for ‘sabotaging’ LNG carrier sales

Greek shipowners George and Christos Economou are being taken to court in New York by interests behind US equity firm MatlinPatterson for allegedly obstructing the sale of four LNG carriers.

Oceanus LNG, which is 85.7% owned by MatlinPatterson, said in a filing this week with the Supreme Court of the State of New York that it holds the two men accountable for their “unrelenting campaign” to “sabotage” Oceanus’ sale of the four vessels worth hundreds of millions of dollars.