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Bosphorus Strait Traffic in Turkey Suspended After Ship Engine Failure

The Liberian-flagged dry bulk carrier Alexis had an engine failure at about 5 AM local time on Tuesday while at the southern end of the strait.

ING Loses Dismissal Bid In Suits Over Shippers' Fuel Debts

ADVERTISEMENT ADVERTISEMENT ING Loses Dismissal Bid In Suits Over Shippers' Fuel Debts Law360 (April 22, 2021, 8:01 PM EDT) -- A New York federal judge denied a motion Thursday from ING Bank NV seeking the dismissal of suits filed by shipping companies that ordered maritime fuel from bankrupt company O.W. Bunker, finding that ING's arguments over personal jurisdiction for the parties did not hold up. In a short order issued by U.S. District Court Judge Valerie Caproni, the court said a suit by Modion Maritime Management SA against O.W. Bunker would survive the bank's motion to dismiss after the court heard oral arguments from the parties Thursday.

ING Loses Dismissal Bid In Suits Over Shippers' Fuel Debts

ING Loses Dismissal Bid In Suits Over Shippers' Fuel Debts