Asia/Pacific News
Handysize Bulk Carrier Arrested in Singapore
Thursday October 13, 2016
The bulk carrier Southern Spirit has been arrested in Singapore, according to the latest records from the Supreme Court of Singapore.
The 1998-built Handysize is controlled by Taiwan-based World Way Marine and valued at $2.45 million, according to VesselsValue.com.
The 29,500 dwt Southern Spirit was detailed following action taken by local law firm Gurbani & Co LLC, with the arrest taking place on October 12, 2016 at 2:55 PM local time.
The circumstances leading to the arrest are currently unknown, but such action is common in instances of payment dispute.
