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Owners of seized Russian oil tanker claim U.S. improperly sold ship for scrap metal

U.S. authorities sold a seized Russian oil tanker to a maritime scrap dealer for well under market value in an “economically irrational” deal meant to thwart the owner’s bid to recover the vessel, the company lawyers said in court papers.

First reported by NBC News 1 source
Image: NBC News
Image: NBC News
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  1. NBC News

    Owners of seized Russian oil tanker claim U.S. improperly sold ship for scrap metal (opens NBC News in a new tab)

    U.S. authorities sold a seized Russian oil tanker to a maritime scrap dealer for well under market value in an “economically irrational” deal meant to thwart the owner’s bid to recover the vessel, the company lawyers said in court papers.

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