WFW client Precious Shipping successfully settles long-running bulker dispute for US$40.5m

Watson Farley & Williams (“WFW”) acted for longstanding client Precious Shipping Public Co., Ltd (“Precious”) on a series of complex ongoing disputes over 11 ultramax bulk carrier newbuilding contracts with Jiangsu Guoxin Corporation Ltd (“Jiangsu Guoxin”), previously Sainty Marine Corporation Ltd. The parties have now amicably settled all their disputes, with Jiangsu Guoxin to pay …

Scroll to Top