Japan's Nagashiki Shipping is attempting to limit its liability for the grounding of the bulk carrier Wakashio to $16.6m.

An application has been made by Nagashiki's shipowning subsidiary Okiyo Maritime Corp to the Mauritius Supreme Court.

The application, to be heard in January, is based on Mauritius' ratification of the Convention for Limitation of Liability for Maritime Claims.

As earlier reported by TradeWinds, the country has not updated its ratification by adopting the 1996 protocol to the convention.