World News
Bulk Carrier Arrested as Trader Seeks $550,000 Over Unpaid Bunker Bill
Dubai-based Prima Marine FZE (Prima Marine) Tuesday said it has arrested the bulk carrier m/v Jo Jin Maru and is seeking to recover $550,000 over an unpaid bunker bill, the global bunker trader has told Ship & Bunker.
It is understood the 2012-build 98,000 DWT bulk carrier was arrested Tuesday in Newcastle, Australia, with a filing seen by Ship & Bunker indicating the warrant of arrest was issued on Monday May 4, 2015.
Prima Marine says it is seeking $258,339 for unpaid bunkers that were supplied on March 9, 2015 in Fuzhou, China, plus $291,661 in other charges.
The party responsible for buying the bunkers was named as Seoul, South Korea-based sub-charterer SW Shipping Co Ltd (SW Shipping), with the vessel said to owned by Japan's Tsuneishi Group and on charter to Norwegian shipper Klaveness.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 647.50 | 1.00 | 770.00 | 3.50 |
| Rotterdam | 601.50 | 2.50 | 754.00 | 2.00 |
| Houston | 619.00 | 11.50 | 795.50 | 3.00 |
| Fujairah | 651.50 | 1.00 | 895.00 | 2.00 |
| Global 20 Ports Average | 664.00 | 1.50 | 856.50 | 2.00 |
| Global 4 Ports Average | 630.00 | 3.00 | 803.50 | 2.50 |
| Global Average Bunker Price | 718.00 | 0.50 | 914.50 | 0.50 |
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