Singapore’s FSL Trust Management has commenced legal proceedings against an undisclosed charterer of its Japanese-built tanker FSL London currently held up in India.
The 2006-built ship, which is being traded in the spot market by Golden Stena Baycrest Tankers as commercial manager, was agreed for sale last year to Singapore-listed Indonesian owner Samudera Shipping. However, the deal fell through due to delivery schedule delays caused by a customs probe into cargo specifications.
FSL said that the investigations are still ongoing and the vessel is still held by the local customs authorities in India, pending the outcome of the investigations.
The company has moved to claim damages for the delays caused by the carriage of the particular cargo loaded by the charterer and destined for India, the attendant investigations of the cargo, and the vessel being held. “There are no proceedings against the vessel or FSL,” it noted.