The Arrangement Ss Sahoo Vk Access

From a logistics management perspective (often covered in VK/supply chain coursework), the arrangement is critical:

The arrangement typically stipulates that while the dispute is being arbitrated or litigated, the Bank will provide a Letter of Guarantee to the Court. In return, the Shipowner and Charterer agree to submit to the jurisdiction of the court and not dispute the guarantee. Once this "arrangement" is filed, the Court issues an order releasing the vessel from arrest so it can resume commercial operations. the arrangement ss sahoo vk