Classic Maritime Inc. v. XCoal Energy and Resources LLC

  1. March 17, 2021

    HSBC Says It's Ready To Arrange $6M Coal Security Release

    HSBC Bank told a New York federal judge Wednesday that it's ready to work with a Marshall Islands-based shipping company and its former business partner to arrange the release of nearly $6 million the bank was asked to restrain in an ongoing dispute over coal shipments.

  2. February 05, 2021

    Security For Shipping Dispute Improper, Coal Co. Says

    Xcoal Energy and Resources asked a New York federal judge to vacate an order granting a request by a Marshall Islands-based shipping company to seize nearly $6 million as security in an ongoing dispute over coal shipments, arguing basic requirements for that security aren't met.

  3. January 29, 2021

    Shipper Asks Judge To Seize $6M In Coal Co.'s Assets

    A Marshall Islands-based shipping company asked federal judges in New York and Texas for permission to seize nearly $6 million from its former business partner in an attempt to force it to arbitrate a dispute over undelivered shipments of coal.

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