Asia/Pacific News

Bulk Carrier Arrested in Singapore

by Ship & Bunker News Team

Friday June 7, 2019

Bulk carrier MJ Bulker has been arrested in Singapore, according to the latest records from the Supreme Court of Singapore.

The Handymax was detained on Wednesday June 5 following action by local law firm Incisive Law LLC.

The 1995-built, 45,300 dwt vessel has a market value of $3.68 million and is connected to shipping interests in Lebanon, according to VesselsValue.com.

The reason for the detention is currently unclear but such action is typical in cases of dispute over payments for goods and services.

Ship & Bunker News Team
To contact the editor responsible for this story email us at editor@shipandbunker.com

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	VLSFO		MGO
	$/mt	+/-	$/mt	+/-
Singapore	556.00	9.50	674.00	4.50
Rotterdam	507.00	5.00	663.50	12.50
Houston	549.50	2.50	677.00	5.00
Fujairah	548.50	7.00	748.50	4.50
APAC Average	638.00	4.50	821.50	2.00
Global 20 Ports Average	580.00	3.50	761.00	1.50
Global 4 Ports Average	540.00	6.50	691.00	6.50
Global Average Bunker Price	625.50	7.00	809.50	1.50

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Bulk Carrier Arrested in Singapore

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