The vessel’s owner, New York-listed Euroseas, and two of three companies in the charter chain remained locked in a three-way dispute over the contracts impacted by the Eleni P’s time in captivity off Somalia.
London arbitration is set to continue raging after a UK judge recently issued a ruling affirming the composition of the tribunal hearing the case.
When hijackers nabbed the 72,100-dwt Eleni P (built 1997), Athens-based Euroseas had the vessel on time charter to Italy’s Deiulemar Shipping, which in turn had subchartered the ship to Holland’s Transgrain, according to court records.
