US Hedge Fund Billionaire Seizes Argentine Navy Tall Ship Libertad in Ghana Over Debt Dispute

The Argentine Navy training ship Libertad and her crew of over 200, docked in port of Tema, Ghana, were seized by a court order obtained by NML Capital Ltd., a subsidiary of Elliot Capital Management, a hedge fund run by the US billionaire Paul Singer. … Continue reading

Semi-Submersible Drilling Rig, Transocean Marianas, Evacuated off Ghana

The semi-submersible drilling rig, Transocean Marianas, was preparing to move to a new location off the coast of Ghana when the rig developed a serious list and was in danger of sinking.  The rig, under contract to Italian oil company Eni, … Continue reading