Middle East owner Topaz Energy and Marine has settled a dispute that saw two PSVs arrested in Nigeria.
TradeWinds reported in September that arrest orders were issued for the 3,300-dwt Topaz Seema (built 2014) and 3,300-dwt Topaz Faye (both built 2014) by a court in Port Harcourt towards the end of August last year.
It was the third legal bid for $50m of breach-of-contract compensation by an unnamed former partner of Topaz in Nigeria.