Independent journal on economy and transport policy
01:31 GMT+2
Supplier fails in action to arrest ship to recover monies owed to it
(Shipping Times)
August 13, 1999
By Selva Kumar
AN Australian company has learnt the hard way that supplying goods and services to vessels on credit means it also has to closely monitor the sale and purchase of the vessels it has serviced.
The company, Nautilus Australia, had arrested a vessel in Brisbane in an in rem action to recover monies owing to it, only to find out that the vessel ...... Read more on Shipping Times
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