Maritime Risk International
South African surge in ship arrests
Graham Charnock, of Bowman Gilfillan Findlay & Tait, considers whether there is a genuine and reasonable need for some of the recent security arrests in South Africa
With the downturn in the global economy and plummeting rates, there has been a marked increase in the frequency of security
arrests in South Africa as claimants scramble to secure their position relative to often enormous claims ahead of arbitration
and legal proceedings.