Western Bulk Carriers as v. Mv Idon (Ex. Mv Beks Sezin) (Imo 9478755)
Case brief
What is this about?
This is a petition for correction of record regarding refund of security deposit. The suit for recovery was dismissed as withdrawn, but the registry objected to returning funds due to missing explicit language in the order. The court directed the registry to refund USD 1,165,753/- to the defendants.
What did the court decide?
An order directing the registry to refund USD 1,165,753/- along with interest to the owners of the defendant vessel.