The court decided that summary judgments in favour of the London insurance market have to be set aside and stayed further proceedings in the dispute while claims bought by the shipowner are resolved by the Greek courts.
The loss of the 171,000-dwt bulker Alexandros T (built 1989) on a voyage carrying Brazilian iron ore to China is one of the most controversial shipping tragedies of modern times and has been at the centre of an extensive legal conflict.
The
