Danish owner Maersk Tankers will pay damages of $39.4m in a cargo misdelivery case arising from the collapse of Singapore oil trader Hin Leong Trading in 2020.
The company was taken to court by United Overseas Bank (UOB), which held two bills of lading for gasoil on the 110,000-dwt LR2 Maersk Princess (built 2005).
The tanker was carrying oil sold by ship charterer Winson Oil Trading to Hin Leong.
