sail-world.com
 
 
News Home Cruising Photo Gallery Video Gallery
Sail-World.com : Argentinian tall ship set free by International Tribunal
Argentinian tall ship set free by International Tribunal

'ARA Libertad, held hostage in the port of Tema, Ghana'    .

Tall ships of today are known to have adventurous lives, but not many of them are held hostage in a foreign country along with all their crew and students. Argentinian tall ship Libertad has just been freed after two months held hostage by Ghana.

In an extraordinary turn of events, Paul Singer, American hedge fund manager, had succeeded in a move to get some hope of having a $1.3 billion debt from Argentina repaid by convincing a Ghanian court take hostage the 100m ARA Libertad ('Liberty'), Argentina's tall ship, when it called into Ghana while on a good will tour with a full crew including many students (See Sail-World story).

What was supposed to be a brief stopover in Ghana during a six-month journey to South American, European and African ports turned into a farce on October 03 when Ghanaian authorities took control of the ship and it had been impounded ever since.

Despite the estimated $50,000 per day it was being charged in mooring fees, Argentina was still refusing to pay its ten-year-old debts to what it calls a 'Vulture Fund'.

However, the International Tribunal for the Law of the Sea last Saturday ordered Ghana to 'free the Argentine warship Libertat unconditionally and ensure the departure of the ship and its crew', according to a statement by the state news agency.

'The Libertad will now set sail on December 22, and is expected to arrive back in Argentina on January 9,' said Antonio Puriceli, the Defense Minister at a press conference, adding that the Argentinian military will send 98 sailors to Ghana for reinforcements.

A Ghanaian judge had previously refused Argentina's request to release the tall ship, as the South American country was refusing to pay the US$20 million as bail to free the ship and is crew.

One can only hope that Ghanaian authorities will accede to the court order, in spite of its own court's ruling, or there could be an interesting confrontation to watch on the wharves of Tema on December 22.


by Des Ryan

  

Click on the FB Like link to post this story to your FB wall

http://www.sail-world.com/index.cfm?nid=104796

11:51 PM Mon 17 Dec 2012GMT


Click here for printer friendly version
Click here to send us feedback or comments about this story.


Related News Stories:

27 Nov 2012  Argentinian tall ship held hostage by Ghana
24 Nov 2012  Lovelorn Turkish sailor to be sent home after seven month quest
18 Nov 2012  Dolphins' 'mistake' leads to emergency rescue
07 Nov 2012  Another breaching whale lands on boat off South Africa
23 Oct 2012  British sail-trainers on trial over injury/dramatic rescue of novices
12 Oct 2012  Rescuer of drifting catamaran demands 200,000 dollar salvage
08 Oct 2012  British accuse French sailor of dangerous sailing - arrest warrant out
01 Oct 2012  Australians run riot, face liquor charges in Northwest Passage transit
22 Sep 2012  Lost at sea for 15 weeks before rescued - by a shark
12 Sep 2012  How far from shore to be safe? An incident tells
MORE STORIES ...






News - USA and the World









470 Men and Women Worlds - Champions decided in Santander by International 470 Class Association,
















































Big Boat Series - It's not the size, it's the length by Erik Simonson, Pressure-Drop.US,










ISAF Sailing Worlds, Santander - Rio 2016 470 spots awarded
52 Super Series 2015 - Outlook looks hot for the 52 Super Series
Starboard Hatteras Wave Jam - Another early start on day 4
ISAF Sailing World - First entry leaves sailor's reputation in tatters
2014 Chicago Match Cup - Four go through to quarter finals
470 Men and Women Worlds - Champs take over leaderboard
ISAF Sailing World Champ - Buckingham finishes with career-best result
America's Cup: Oracle's Larry Ellison to step down as CEO
Classic Yacht Regatta - Sonny takes top classic prize
ISAF Sailing Worlds, Santander - Buckingham finishes with career best
ISAF Sailing Worlds, Santander - Rio 2016 RS:X spots claimed
ISAF Sailing Worlds - Leaderboards shaping up in Santander + Video
ISAF Sailing Worlds, Santander - Giles Scott continues to extend lead
ISAF Sailing Worlds, Santander - Day 7 images by Sailing Energy
ISAF Sailing Worlds - Laser and Radial winner images by Jesus Renedo
ISAF Sailing Worlds, Santander - Medal Race images by Sail-World.com
ISAF Sailing Worlds - Dutch dominate Laser and Radial in Santander
Royal Cup Marina Ibiza - Quantum Racing more than doubles overall lead
J/24 World Championship - Excitement builds for Newport racing
Volvo Ocean Race - Seb Marsset joins Team Alvimedica
Fall Seamanship training opportunities at New York Yacht Club   
Rolex Big Boat Series: More images from San Francisco - Final Day   
AWT Hatteras Wave Jam action commences on day 3   
Rolex Big Boat Series: Images from San Francisco - Final Day   
ISAF Sailing World Championships - Watch medal races live here   
Hobie 16 Open North American Championships and Pan Am Games qualifier   
ISAF Sailing World Championship - Videos from Santander   
ISAF Sailing Worlds: Buckingham into Medal Race, 470's stay consistent   
470 Men and Women Worlds - Vadlau and Ogar into pole position   
2014 Chicago Match Cup - Defending champion on top   
ISAF Sailing Worlds, Santander - Strong competition for RS:X fleets   
ISAF Sailing Worlds, Santander - Big breeze on day 6 + Video   
ISAF Sailing Worlds, Santander - Buckingham into Laser Medal Race   
U.S. Multihull Championship - Hobie Alter Trophy to be decided   
ISAF Sailing Worlds - The kind of form most sailors only dream about   
Royal Cup Marina Ibiza - Quantum Racing ahead of target   
ISAF Worlds Santander - 19 Rio 2016 Laser Radial spots awarded   
Santander 2014 ISAF Worlds - 21 broadcasters to take live coverage   
Rolex Swan Cup - Looking forward to the next 30 years   
America’s Cup: The Future is foiling – AC45s to be modified   


For this week's complete news stories select    Last 7 Days
   Search All News
For last month's complete news stories select    Last 30 Days
   Archive News







Sail-World.com  


















Switch Default Region to:

Social Media

Asia

Australia

Canada

Europe

New Zealand

United Kingdom


http://www.sail-world.com/event_images/image/Twitter_logo_small.png http://www.sail-world.com/event_images/image/FaceBook-icon.png  http://www.sail-world.com/event_images/image/RSS-Icon.png

United States

Cruising Northern

Cruising Southern

MarineBusiness World

PowerBoat World

FishingBoating World

 

Contact

Commercial

News

Search

Contact Us

Advertisers Information

Submit news/events

Search Stories/Text

Feedback

Advertisers Directory

Newsletter Archive

Photo Gallery

 

Banner Advertising Details

Newsletter Subscribe

Video Gallery

Policies

 

 

 

Privacy Policy

 

 


Cookie Policy

 

 



This site and its contents are © Copyright TetraMedia and/or the original author, photographer etc. All Rights Reserved.  Photographs are copyright by law.  If you wish to use or buy a photograph contact the photographer directly.
XLXL NEW US
LocalAds   DE  ES  FR  IT