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You are here: Home Archive 2010 August Weekly Edition 26th August Khalija 3 owner ordered to pay US$7m to Smit

Khalija 3 owner ordered to pay US$7m to Smit

by David Osler, London last modified Aug 27, 2010 11:42 AM

SMIT has reportedly won a legal bid to prevent the removal of a cargo from the port of Mumbai until the brass plate owner of the bulk carrier involved in a recent spectacular collision pays it US$7m, according to the local Lloyd’s agents.

The salvor itself declined to comment on the issue.
But Lloyd’s List Intelligence has been told by shipping industry sources on the spot that the Bombay high court last week ruled that Mumbai Port Trust could not move the...

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