Egyptian Ship 'Arrested' at Paradip Port, Odisha Over ₹3.96 Crore Debt

Brief by Shorts91 Newsdesk / 10:19am on 16 Aug 2024,Friday India Global

An Egyptian ship anchored at Paradip Port in Odisha has been 'arrested' following an Orissa High Court order, an official reported on Friday. The vessel, which arrived on August 6, faces legal action due to an outstanding debt of ₹3.96 crore owed to a German company for transporting low-sulfuric marine gasoil. The German company filed an appeal in the Orissa High Court, leading to the court's order to detain the ship on August 14. Under admiralty law, ships can be arrested to enforce maritime claims related to their ownership, operation, or other associated activities. The ship remains detained at Paradip Port pending resolution.

Read More at NDTV

Menu