South Korea’s STX Offshore and Shipbuilding (STX O&S) has gained arrest warrants involving two newbuildings said to have been wrongfully detained by Zhong Lun Law Firm, the court receiver of STX Dalian.
An official at STX O&S tells TradeWinds that the law firm is trying to sell or auction a 23,000-square-metre livestock carrier (Hull No S-1093) and a 400,000-dwt very large ore carrier (VLOC) (Hull No S-1707) to third parties, even though it knew there are disputes over ownership of the units.