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Sanctions Tankers and Gas Law

Case closed? Vitol and Tinos I owners end litigation

  • Vitol and Tinos I owners file to dismiss lawsuit with prejudice, meaning it cannot be refiled at later date
  • Parties reached ‘agreement in principle’ last year; joint move to end lawsuit suggests settlement officially reached
  • Vitol sued the owners in July 2025, claiming $1.8m in prepaid bunkers and overpaid hire
  • Terms under which lawsuit concluded not disclosed

  • News

At least one part of the Tinos I saga — an admiralty suit brought on by its former charterer Vitol — has concluded. But the future of the US-sanctioned, Houston-stranded gas carrier remains unclear

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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