On Wednesday, Kerala High Court’s Justice, Sathish Ninan, ordered to release of the Russian ship after it was informed that the ongoing dispute between the parties had settled. The MV MAIA-1 was ordered to be detained by the high court on 18 July after an Estonian shore service firm named the Bunker Partner OU filed an admiralty suit, seeking a decree for USD 23,503.14 with interest at 0.1% per day for the value of bunkers that the Estonian firm supplied to the ship.
While ordering the detention of MV MAIA-1 on Monday, the court had said that the ship needs to either deposit USD 23,503.14, equivalent to almost Rs 18, 68,499.63, owing to the plaintiff or furnish security for the said amount to the court’s satisfaction. The Estonian firm was also directed to furnish a counter-guarantee of Rs 5,00,000 within two weeks.
References: The Times Of India, The Wire, News 18