The registered owners of five Interunity Management Corp-connected sisterships are suing Columbia Shipmanagement for $11.5m, accusing the Cypriot company of lying about their financial status and failing to maintain the boxships.
The companies — FS Algarobbo, FS Andes, FS Andino, FS Arica and FS Austral— filed lawsuits in the High Court in London on 29 July and in the US District Court for Delaware on Tuesday of last week
They said that in late April and continuing into May Columbia told lenders, creditors and Liberian-flag authorities that the companies had become insolvent and that the management agreements for the containerships were being terminated.
