Sanko Steamship has agreed not to challenge the latest campaign to arrest one of its bulkers in Baltimore as earlier attempts to negotiate a release appear to be at an impasse.

The embattled Japanese operator says it is supporting Western Bulk Carriers of Norway, the charterer of the 51,000-dwt Sanko Mineral (built 2008), and its attempt to supersede Rule B charter hire claims filed by Liquimar and Knightsbridge Tankers by way of Rule C.

“Despite