The trade mayhem caused by the coronavirus pandemic played out in a London court after an oil tanker was arrested in Singapore in March, following a legal tussle involving companies from around the world.
On April 27, London High Court Justice Nigel Teare, in an unusual move, ordered two defendants to deposit US$76 million as security into a Singapore court to free the tanker Miracle Hope, which was arrested in Singapore waters by the Supreme Court Sheriff over an alleged trade default.Enjoy unlimited access to ST's best work Subscribe Now
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: