Owners of seized Russian oil tanker claim U.S. improperly sold ship for scrap metal
U.S. authorities sold a seized Russian oil tanker to a maritime scrap dealer for well under market value in an “economically irrational” deal meant to thwart the owner’s bid to recover the vessel, the company lawyers said in court papers.
Reported by NBC News. We will add other newspapers as they cover it.
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Owners of seized Russian oil tanker claim U.S. improperly sold ship for scrap metal
U.S. authorities sold a seized Russian oil tanker to a maritime scrap dealer for well under market value in an “economically irrational” deal meant to thwart the owner’s bid to recover the vessel, the company lawyers said in court papers.
