Wilmer Ruperti has struck an agreement that ends a years-long dispute with SCF Group-controlled tanker owner Novoship.

The Venezuelan businessman’s Sea Pioneer Shipping says that it and sister company PMI Trading reached a “full and final settlement” of the UK court fight that raged even after Novoship won a 2012 fraud judgment against him and even after he agreed to flip sides and aid Russia’s SCF, also known as Sovcomflot, in a related fraud case.

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