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| - Nigeria has agreed to release the Swiss-flagged San Padre Pio oil tanker it seized in January 2018, Switzerland's foreign ministry said Thursday. The two sides signed a memorandum of understanding "providing for the immediate release of the vessel", ending the long-running dispute, the ministry said in a statement. "It is now incumbent on Nigeria to release the vessel and on the companies involved in operating the San Padre Pio to take the necessary operational measures for the actual departure of the vessel," it added. The agreement was signed by Nigeria's justice minister and the Swiss ambassador in Africa's most populous nation. The San Padre Pio was detained in Nigeria's exclusive economic zone more than three years ago. In 2019, Switzerland initiated legal proceedings before the International Tribunal for the Law of the Sea, asking the court to order Nigeria to release the tanker, its cargo and crew. "Once the vessel has been able to leave Nigeria's exclusive economic zone, the legal proceeding pending before the ITLOS in Hamburg can be terminated," the Swiss statement said. The statement did not mention the fate of the crew. Nigerian authorities first intercepted the San Padre Pio as it was transferring diesel between ships, Swiss broadcaster RTS said when Bern took its case to the ITLOS. The ship, which can carry nearly 5,500 tonnes of cargo, was accused of entering Nigerian waters illegally and illegal diesel trafficking -- allegations rejected by the captain who insisted he had obtained all of the necessary permits. At the time, the Swiss foreign ministry complained that the ship and its cargo were steadily losing their value. rjm/nl/pvh
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