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Malta court upholds $240 million claim on Erdogan's jailed enemy

Maltese court upholds London arbitration decision to freeze Palmali assets in favour of SOCAR’s $240 million claim against Mubariz Mansimov ....

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Tanker Sailing to Ukraine Damaged by Mine in the Black Sea

Tanker Sailing to Ukraine Damaged by Mine in the Black Sea
maritime-executive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from maritime-executive.com Daily Mail and Mail on Sunday newspapers.

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Tanker Sailing to Ukraine Damaged by Mine in the Black Sea

Reports from Ukraine are that a Turkish-owned product tanker struck a mine early on October 15 as it was approaching the Danube estuary. It is the thi. ....

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Socar trying to seize Palmali's assets after $245m arbitration awards

Azerbaijan state oil company goes to court in Turkey, Azerbaijan and Malta to enforce London rulings ....

Mubariz Mansimov , Palmali Group ,

Are Maltese courts being used to settle Turkey's political games?

Are Maltese courts being used to settle Turkey’s political games?
5 hours ago
The Maltese courts will decide on the case of Mubariz Mansimov Gurbanoğlu, an Azerbaijani-Turkish citizen and the founder of the Palmali Group of Companies, a shipping conglomerate comprising some 56 entities based in Malta.
He stands accused of defaulting on a loan from a Russian bank, Sberbank. The bank had made a number of loans to Palmali companies based in Russia, on the basis that the guarantors were “steady and substantial”. The loans were secured via personal guarantee by Gurbanoğlu, his Turkish companies, and 47 naval boats registered in Russia. ....

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