Belgium – €10m payment and rectifying infractions required to obtain release of seized shadow fleet tanker

Further to our earlier post regarding the Belgian seizure of the tanker, the Ethera, it is now being reported that 45 infractions have been identified in relation to the flag status and condition of the vessel.

It is also being reported that these infractions will need to be rectified before the vessel will be released and that a €10m payment will need to be made. Different reports (here, here and here) describe this payment as a bond, a bail payment, or a fine.

© 2009- Duane Morris LLP. Duane Morris is a registered service mark of Duane Morris LLP.

The opinions expressed on this blog are those of the author and are not to be construed as legal advice.

Proudly powered by WordPress