Chasing after a delinquent charterer
The owner of the 53,609 dwt Supramax bulk carrier Paguera (shown above) and the disponent owner of the 51,215 dwt Papillon have withdrawn their ships from long-term time charters with Emirates Trading Agency LLC (ETA), a company registered in Dubai. ETA is said to owe more than US$10 million to Bremen-based HARPA Bulk Shipping & Management GmbH & Co. KG, which manages both ships. (more…)
