Getting crew paid will be a top priority when the LPG carriers belonging to Varun are sold, an admiralty court in Mumbai has ruled.
The order came following petitions filed by the crew employed on the eight LPG ships of Varun and its shipmanager — Fleet Ship Management — who are owed hundreds of thousands of dollars. The ships are currently under arrest by the admiralty court at the behest of the crew and the shipmanager.
Varun, India’s largest LPG shipowner, faces separate bankruptcy proceedings following an order of the National Company Law Tribunal (NCLT). The petition for this was brought by Indian Bank, as part of a 12-bank consortium.