has confirmed previous decisions by lower courts that found that bunker trader and supplier Monjasa is not liable to pay Stena Oil US$6.5 million in compensation regarding the sale of bunker fuel cargo by the government of São Tomé and Príncipe in 2013.
he bunker fuel oil, owned by Stena Oil, was confiscated by the São Tomé authorities following an alleged illegal ship-to-ship transfer.
Following legal proceedings, the fuel was sold to Monjasa.
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