A Bangladeshi shipowner is set to receive an insurance payout totalling US$22.48 million for one of its vessels after it was damaged and later abandoned as a result of th ..
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State-owned Bangladesh Shipping Corp is seeking $22.4 million from its insurer for a cargo ship hit by a missile in March, according to a report in the Bangladesh Daily Star. An explosion on the night of March 2-3 rocked the Bangladesh-flagged Banglar Samriddhi and killed a crew member.
The Bangladeshi ship is one of a number of ships reportedly struck by Russian missiles, including the Moldovan-flagged, bunker vessel Millennial Spirit. A Reuters report, citing Noriel Arauz, head of the Panama...