Friday, 25 January 2019 15:42

Jan 25 - Vigorous

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545 vigorous


The bulk carrier, Vigorous, is at the centre of attention as it was seized in the Columbia River following a lawsuit filed by Pacific Gulf Shipping Company against a number of companies connected to George and Stathis Gourdomichalis in early December.  Pacific Gulf is attempting to collect on a $22.6m arbitration award won in London after Adamastos was abandoned in Brazil in 2015.  As the courts continue to sort through the case, Yemeni Al-Saeed Trading Company and Emirati Midstar were hoping to free the wheat onboard so it can be delivered to Yemen to feed its starving citizens amidst an ongoing civil war.  Unfortunately, today a federal judge in Oregon has ordered the cargo aboard the Vigorous to be seized as Greek shipbroker Medmar has filed a lawsuit for break of contract and want the cargo held until payment is received.

GT:       30,051
DWT    52,500
Flag     Liberia
Buit      2005




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