It also upheld a lower court’s decision to strike out an action against the 2,742-teu STX Mumbai (built 2008) by Transocean Oil, according to Pan Ocean lawyers Clyde & Co.

Honourable Justice Belinda Ang has now ordered an inquiry into damages suffered by Pan Ocean after what Clyde called a “wrongful arrest”.

The court ruled the detention was carried out before Pan Ocean’s debt to Transocean fell due.