The UK commercial court has ruled that Glencore should release funds to Turkey's Geden Lines in the latest twist in a long-running legal dispute over a tanker arrested in Venezuela.
The case revolves around the 104,000-dwt CV Stealth (built 2005), which Geden affiliate Space Shipping hired out to Glencore's ST Shipping for an eight-month term from April 2014.
ST Shipping hired out the ship to another firm for a voyage charter to Venezuela that September.
