Asia/Pacific News
Second Bulk Carrier this Month Arrested in Singapore
Monday October 12, 2015
A Greek bulk carrier, Maria, has been arrested in Singapore, according to records from the Supreme Court of Singapore.
The arrest took place on Friday October 9, 2015 at 2:00am local time following action by local law firm Joseph Tan Jude Benny LLP.
VesselsValue.com assess the value of the 2010-built 57,100 dwt vessel at $13.96 million.
The exact reasons for the arrest are currently unknown, but such action is typical in instances of payment dispute.
Maria is the second bulk carrier to be arrested in Singapore this month.
Last week the Supramax bulk carrier Alexandrit, owned by Germany's Conti Group, was arrested following action taken by local law firm Oon & Bazul LLP (Oon & Bazul).
