GLOBAL MARITIME LIMITED v. MT CONICO ATLAS

Judgment

#1. Learned Advocates for the respective parties have tendered a Joint Purshish dated 15.12.2025 along with Original Settlement Agreement dated 15.12.2025 contending inter alia C/AS/60/2025 ORDER DATED: 15/12/2025

that the parties have resolved their disputes outside this Court, entered into a Settlement Agreement dated 15.12.2025 and submitted to pass order in terms of the Settlement Agreement. The said Purshish dated 15.12.2025 with Original Settlement Agreements dated 15.12.2025 is taken on record and shall form part of this order.

#2. In View of the Settlement Agreement dated 15.12.2025 and with the consent of all the learned advocates for the respective parties, this Court passes the following order: A. The parties to the Settlement Agreement dated

15.12.2025, i.e., Global Maritime Limited, Moorgate Maritime Inc, Mile End Shipping Inc, and Tachio Trading Ltd, and their affiliates as defined in the Settlement Agreement are directed to abide by the terms of the Settlement Agreement in its entirety. The same constitutes a binding contract between the parties. B. The parties to the Settlement Agreement dated

15.12.2025 including Nega Berreto Limited and Chiron Logistics Ltd. represented through Mr. Abdul Kader Abdul Razak Chandiwala hereby C/AS/60/2025 ORDER DATED: 15/12/2025 unconditionally consent and warrant that they do not have any claims or liabilities against each other and by virtue of the Settlement Agreement dated

15.12.2025, all the disputes raised in the captioned Admiralty Suit are settled in its entirety. C. The Plaintiff’s of all the suits are hereby directed to issue a No Objection Certificate in respect of the Defendant Vessel stating they have No Objection of the port and customs authorities grant the necessary port and customs clearances for permitting the sailing of the Defendant Vessel outside the jurisdiction of this Court and depart from Indian waters. D. Upon the port clearance being granted, the Ld. Advocate for the Defendant shall forthwith confirm the issuance of the same to the Ld. Advocates of the Plaintiffs.

#3. Considering the above directions, Admiralty Suit No. 60 of 2025, and Admiralty Suit No. 78 of 2025 are hereby disposed of as unconditionally withdrawn in light of the settlement recorded above. The defendant Vessel, i.e. MT C/AS/60/2025 ORDER DATED: 15/12/2025 CONICO ATLAS (IMO 9288693), is directed to be released forthwith, and the order of arrest passed in each of the respective suits stands vacated forthwith. The owners of the Defendant Vessel are released from any and all undertakings furnished by them in respect of keeping the Defendant Vessel within the jurisdiction of this Court. The Port and Customs is directed to issue all NDC and Port Clearance (PC) based on the statutory certificate available on board, including insurance certificate and granted all departure permission granted on the basis of the existing certificates and documents available on board. The registry is directed to issue release warrant forthwith.

#4. The Registry is directed to send this order to Port and Customs at Alang Port, Bhavnagar at following addresses: a. [email protected] , , b. [email protected] c. [email protected] , d. [email protected] , , e. [email protected] f. [email protected] , g. [email protected] , h. [email protected] i. [email protected] , j. [email protected] k. [email protected] , , l. [email protected] , , C/AS/60/2025 ORDER DATED: 15/12/2025

#5. It is further directed that Authorities at Alang Port, Bhavnagar shall act on Email copy of the order and release the Defendant Vessel i.e. MT CONICO ATLAS (IMO : 9288693) immediately.

#6. It is also open for the Learned advocate’s appearing for the respective parties to communicate the above order by Email at their own cost and the Port and Customs Authorities are directed to act on Email message with an ordinary copy of this order.

#7. In view of the above, all Civil Applications are disposed of accordingly.

#8. The Registry is directed to refund permissible court fees in name of the learned Advocates of the Plaintiff appearing in respective suits. Direct Service TODAY is permitted. NAIR SMITA V./40 & 44 (MAUNA M. BHATT,J) Original copy of this order has been signed by the Hon'ble Judge.