Malaysian owner PDZ Holdings has announced that Kuala Lumpur High Court has allowed the company’s application to uplift and set-aside the warrant of arrest relating to its containership PDZ Mewah.
.The court approved Dan-Bunkering’s request to arrest the 1,000 teu vessel in January over unpaid bunker bills and subsequently PDZ had challenged the court’s ruling over the arrest.
During the arrest period, PDZ expected losses would be in the range of RM90,000 to RM100,000 per month as a result of the additional costs arising from purchasing slots from third party vessel.
PDZ said the court has allowed the company to strike-out the lawsuit.
