Marine fuel and lubricant trading firm Glander International Bunkering in late February placed an oil tanker owned by Istanbul-based Palmali Co Ltd under detention at the Port of Constanta, reported local paper ZIUA de Constanta.
Detention of the 6,526 dwt Russian-flagged Chingiz Mustafayev (IMO 9354636) was registered under file no. 1153/118/2019 at the Constanta Tribunal on 27 February.
Palmali, is among the largest players in Russia’s river-to-sea cargo market.
A Russian court in November 2018 reportedly declared the Russian business of Palmali bankrupt due to a $180 million debt to Sberbank and $24 million to local tax authorities; the legal move effectively hands over the group’s approximate 50-strong fleet to Sberbank.
Mubariz Mansimov, the owner of Palmali, in December told Reuters he intends to fight the ruling of the Russian court.
Photo credit: MarineTraffic / Suha OZTEN
Published: 6 March, 2019
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