Turkish owner Palmali Holding's $1.9bn legal battle against Russian charterer Litasco is no nearer to a conclusion after a trial date next year was scrapped.

The two sides were set for a hearing at the UK High Court in February, but have agreed that this date is no longer viable due to arguments over the amount claimed by Palmali.

This was revealed in a judgment by Justice David Foxton, who was hearing a bid by Litasco to have the case kicked out and an application by Palmali to amend its claim.