NGM Energy affiliate seizes Chinese general cargo ship in $110m battle over suezmax tanker collision

A shipowning company affiliated with the Moundreas-family-controlled NGM Energy is chasing the owner of a general cargo ship that slammed into its tanker off Qingdao in 2021 to lodge security for a damages claim to the tune of $110m.

The 35,200-dwt Sea Justice (built 2005), a general cargo ship controlled by China’s Glory Ships but registered under Marshall Islands single-ship entity Sea Justice Ltd, collided with the NGM Energy-controlled 150,000-dwt suezmax A Symphony (built 2001) while it was anchored off the Chinese port, rupturing one of its bitumen-filled cargo tanks.