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

Tay Peck Gek

Published Sat, Jan 16, 2021 · 05:50 AM

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.

PetroChina filed four admiralty writs in the Singapore High Court on April 22, 2020 against four vessels over failure to deliver the cargo and/or misdelivery of the cargo. The vessels were chartered by Ocean Tankers but owned by un…