The UK high court has ruled that underwriter Griffin can pursue Greek shipowner Ion Varouxakis for unaccounted-for general average payments arising from a bulker hijacking incident in 2012.
The 22,056-dwt Free Goddess (built 1995) was seized off Somalia while carrying steel coils to Thailand and later released, but Justice Stephen Males said the Freeseas CEO then induced the vessel's owning company to breach a settlement agreement by not delivering its cargo.
