November 5, 2026

Owners of seized Russian oil tanker claim U.S. improperly sold ship for scrap metal

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The owners of a seized Russian oil tanker are contesting the vessel's fate in court, claiming U.S. authorities sold the ship to a maritime scrap dealer for well under market value. The move was an "economically irrational" deal designed to block the owners from reclaiming it, their lawyers argue in court papers.

Source: NBC News — Owners of seized Russian oil tanker claim U.S. improperly sold ship for scrap metal.

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