TPT ordered to pay security for forestry ship arrest
The Tauranga-based forestry company protested New Zealand jurisdiction of the case.
Tauranga-based TPT Shipping has been ordered to refund security for the release of a ship arrested for missing forestry cargo and to pay ongoing legal costs.
TPT Shipping is a subsidiary of TPT Forests, which provides marketing, sales and shipping for some of New Zealand’s largest forest
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