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Home Icon > About Us > News > Wellard wins arbitration over cancelled livestock carrier in Croatia

Wellard wins arbitration over cancelled livestock carrier in Croatia

Australian livestock carrier operator said it has successfully resolved its arbitration proceedings in London against the Croatian Bank for Reconstruction and Development (HBOR) and is entitled to receive payments plus interest amounting to around $12m within 14 days. HBOR issued Wellard’s Singapore-based subsidiary, Wellard Ships, refund guarantees supporting Wellard’s terminated 2015 contract with the Croatian …

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Australian livestock carrier operator said it has successfully resolved its arbitration proceedings in London against the Croatian Bank for Reconstruction and Development (HBOR) and is entitled to receive payments plus interest amounting to around $12m within 14 days. HBOR issued Wellard’s Singapore-based subsidiary, Wellard Ships, refund guarantees supporting Wellard’s terminated 2015 contract with the Croatian …

[post_title] => Wellard wins arbitration over cancelled livestock carrier in Croatia [post_excerpt] => Australian livestock carrier operator said it has successfully resolved its arbitration proceedings in London against the Croatian Bank for Reconstruction and Development (HBOR) and is entitled to receive payments plus interest amounting to around $12m... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => wellard-wins-arbitration-over-cancelled-livestock-carrier-in-croatia [to_ping] => [pinged] => [post_modified] => 2022-01-05 10:58:21 [post_modified_gmt] => 2022-01-05 10:58:21 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=157685 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )