Tuesday, September 15, 2009

Owner of Arctic Sea is bankrupt

From Tradewinds

In a statement in both Russian and English on Solchart’s website, Matveev wrote that the 1992-built ship’s owner went bankrupt after 17 August, the day the ship was intercepted by the Russian Navy off Cape Verde after a three week-long series of misadventures. (The announcement in English incorrectly reports that the company went bankrupt after 17 September.)

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