Toisa won a motion Wednesday seeking to release a products tanker arrested by Citibank and free up cash collateral in order to cover the vessel's expenses.
The Gregory Callimanopulos-led shipowner filed a motion in US bankruptcy court to use cash collateral in which Citibank has a lien. The motion also asks for the release from arrest of the 113,000-dwt United Journey (built 2010).
Toisa
