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UN Tribunal Awards $14M in Compensation for 2022 Seizure of VLCC off Africa
The International Tribunal for the Law of the Sea awarded just over $14 million in compensation to the Marshall Islands for the illegal seizure of the crude oil tanker Heroic Idun by Equatorial Guinea in August 2022. The five-judge panel ruled that Equatorial Guinea violated the Convention of the Seas and the right to free navigation. The crew of 26 members was held for 92 days, with compensation calculated at $1,750 per day per person, totaling $4,186,000.























