FarstadSupply accepted $1.75m compensation for damage to the 4,680-dwt Far Service (built 1995) caused by a serious fire during tank cleaning by Enviroco Ltd.
Butafter the September 2011 resolution of the dispute a row flared up over theinterest to be paid since the July 2002 fire at the Scottish oil service portof Peterhead.
Farstadwanted interest payable at 8% the normal rate set by Edinburgh’s court ofsession.
ButEnviroco
