Brief: Hunter Group Says Counterparty Continues To Dispute Charter Hire
BRIEF-Hunter Group Says Counterparty Continues To Dispute Charter Hire July 21 (Reuters) - Hunter Group ASA HUNT.OL:
BUSINESS UPDATE ON REDUCED CHARTER HIRE FROM ONE OF THE COUNTERPARTIES.
COUNTERPARTY CONTINUES TO DISPUTE ITS CONTRACTUAL OBLIGATION AND HAS PAID APPROXIMATELY USD 7,883,000 LESS THAN AMOUNT DUE FOR JUNE 2026
REPORTS JUNE NET TIME CHARTER EARNINGS OF USD 22.61 MILLION
TOTAL DISPUTED AMOUNT INCREASES TO USD 36.09 MILLION PLUS INTEREST
COMPANY CONSIDERS COUNTERPARTY IN CONTINUED BREACH OF CONTRACT
Source text: ID:nWkr4jzj93
Further company coverage: HUNT.OL
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