Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
Loading, please wait…
Subscribers can listen to this article
The owner of a crude oil tanker has accused PetroSA of failing to pay it millions of rands in charter fees and threatened to attach South African Airways’ assets if it is not paid.
Chemical and oil tanker UOG Sparta brought its R14.5 million ($789 650) demand for payment in a New York court on 25 October.
A few days later, the court issued PetroSA with a summons, giving it 21 days to answer the complaint.
Read this for free
South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we’re about to enter a new chapter of fearless journalism. Join our free subscription trial to unlock this story and a world of news aimed to inform, empower, and inspire.
Already a subscriber? Sign in
Next on Business
In shock move, ChatGPT star CEO Sam Altman fired
18 Nov