Asia/Pacific News
Heavy Lift Vessel Arrested in Singapore
Friday January 27, 2017
The heavy lift cargo vessel Korex SPB No 2 has been arrested in Singapore, according to the latest records from the Supreme Court of Singapore.
Information from VesselsValue.com indicates that the 2012-built vessel is controlled by South Korea-based Korea Line Corp.
The 15,000 DWT Korex SPB No 2 was detailed following action taken by local law firm Resource Law LLC, with the arrest taking place on January 26, 2017 at 12:30 a.m. local time.
The circumstances leading to the arrest are currently unknown, but such action is common in instances of payment dispute.
