A UNITED STATES OIL COMPANY WAS SHORT DELIVERED ON

A UNITED STATES OIL COMPANY WAS SHORT DELIVERED ON A US$30M.

OIL DEAL, IT WAS CLAIMED IN THE HIGH COURT TODAY.

(WEDNESDAY)
AMOCO OIL COMPANY, BASED IN CHICAGO, ILLINOIS, SAY A CARGO
DELIVERED TO THEM IN 1981 WAS 8,565 BARRELLS SHORT – WORTH US$328,500.

THE EXOFISK CRUDE OIL WAS LOADED AT SEA SANDS IN ENGLAND AND
LEFT FOR BULLENBAY, CURACO IN THE DUTCH ANTILLIES ON JANUARY 2, 1981,
ARRIVING THERE ON JANUARY 18.

PARPADA SHIPPING COMPANY LIMITED OF PIRAEUS, GREECE, DENY THEY
SHORT DELIVERED AND SAY THAT THE SHIP FIGURES ON ARRIVAL WERE
APPROXIMATELY EQUAL TO THE SHORE LOADING FIGURES.

MR.

ANGUS GLENNIE, REPRESENTING AMOCO, TOLD THE COURT THAT
SHORE FIGURES AND SHIP FIGURES COULD NOT BE COMPARED BECAUSE DIFFERENT
MEASUREMENTS WERE USED.

HE SAID: ‘YOU HAVE TO COMPARE SHORE LOADING AND SHORE
DISCHARGING FIGURES, OR OTHERWISE SHIP AND SHIP FIGURES.

‘
THE HEARING CONTINUES.

ENDS.

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