An affiliate of Hong Kong's Chellaram Shipping is taking Australian charterer Getax to arbitration in Singapore for $4.5m over a grounding at Nauru.
Last September Getax chartered the 30,000-dwt bulker Darya Yog (built 1995) to carry a rock-phosphate cargo from Nauru to Vizag in India. The bulker grounded during loading. Significant damage to the hull and rudder cost $1.3m to repair and further work is expected to add some $400,000.
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