A Piraeus court has removed yet another ship from Eletson Corp's dwindling oil tanker fleet, starting a new chapter in the Greek company's long-running row with Chinese lessor CSIC Leasing.
TradeWinds reported in April how CSIC arrested three Eletson panamaxes it had refinanced in a leasing deal four years ago.
Court documents show that Eletson has now lost control of the fourth and final ship refinanced in the arrangement — the 69,500-dwt Polyaigos (built 2005).
