Toisa Limited, a Greek shipowning entity trying to fight its way out of bankruptcy, has announced that its vessel, United Journey, has been fixed to load out of West Africa for Italy.
The United Journey was released on February 21 from St Eustatius in the Caribbean, where it had been idled following its arrest by Citibank on December 24 last year.
The ship has been chartered by oil trader Petraco.
“Toisa welcomes this important and visible milestone in its restructuring process,” the company said in a release. It filed for Chapter 11 in January in New York.