Court rejects bid by Ocean Tankers JMs to strike out PetroChina's writs against four ships
But bid has opened Ocean Tankers to any judgment against it if PetroChina is awarded compensation
Singapore
THE judicial managers of Ocean Tankers have failed to set aside or strike out the writs filed by PetroChina International (Singapore) over cargo claims against four vessels chartered by the beleaguered oil shipper.
However, in making such an application, the judicial managers have instead opened Ocean Tankers to any judgment against it if PetroChina is awarded compensation.
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