RED ORCHID

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Detained bulk carrier released

On Sep 3, 2024, the 'Red Orchid' has been authorized to set sail after paying unpaid debts for pilotage services in the Port of Rosario and in the Río de La Plata, after having been prohibited from leaving Quequén by the Court, applying in this case the provisions in force within the Navigation Law. The ship was only able to leave after it was established that the debt of more than 150,000 dollars was settled by the contribution of the surety insurance policy as a result of a civil file duly prepared called “judicial injunction prohibiting departure to sea” and the ship could not leave the port until the commitment acquired for the services provided at another maritime station was paid. The ship was anchored in the outer harbour after having been unable to set sail for almost a week in the port due to a legal dispute. Against the presentation of a surety insurance policy as a guarantee to cover the sum in dollars owed, the Court ordered the lifting of the embargo. The ship had loaded 16000 tons of corn bound for Peru, but in its cargo hold it already had another 40.000 tons shipped from the Santa Fe terminal of Cosco, in the area of ​​San Lorenzo.