Duane Morris LLP are most popular:
- within Law Department Performance and Finance and Banking topic(s)
Further to our earlier post regarding the detention by the French authorities of the oil sanctioned shadow fleet tanker, the Tagor, on 2 July, the company owning the vessel pleaded guilty in a Brest court to failing to be flagged and a refusal to comply with an order.
The company was fined, and paid, a fine of €1m. Upon payment the vessel was released and the is now sailing for Istanbul.
Our European Vessel Seizure Tracker has been updated.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
[View Source]