Lloyd's List is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

Printed By


Greek owner loses ‘Alkyon’ security appeal

A Greek handysize bulker remains under arrest in the UK after the shipowner failed in an appeal for counter-security from mortgagee bank NatWest Markets, formerly the Royal Bank of Scotland. Shipowning company Stallion Eight Shipping is contesting the bank’s declaration of a default which relied on a single broker’s valuation of the ship earlier this year that was substantially below values quoted by other brokers at the same time

UK appeal court upholds NatWest Markets arrest of bulker in Falmouth and denies owner’s claim for cross-security from bank for loss of earnings

Related Content





Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts