Hunter Group says counterparty shortpays USD 7.88 million in June charter hire amid contract dispute
Reuters2026/07/21 06:48By:Reuters
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- Hunter Group escalated a contract dispute over reduced time-charter hire, citing continued breach by a long-term counterparty.
- June shortfall totaled USD 7.88 million, lifting the disputed amount to about USD 36.09 million, excluding accrued interest.
- Net time-charter earnings for June were about USD 22.61 million, with the disputed USD 7.88 million still outstanding.
- Legal advisers see no merit in the counterparty’s position; steps underway to protect contractual rights.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hunter Group ASA published the original content used to generate this news brief via Cision (Ref. ID: 202607210247BITN____UKPR__EN_20260721-BIT-0565-0) on July 21, 2026, and is solely responsible for the information contained therein.
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