According to the recent proceedings from the Supreme Court of Singapore, MR2 tanker Sino Energy 8 has been arrested in Singapore, reports Ship and Bunker.
Why was the tanker detained?
The detention took place on Monday June 10 following action by Resource Law LLC.
The reason for the detention is currently unclear. But such an action is typical in cases of dispute over payments for goods and services.
Detained tanker info
VesselsValue.com predicts the current, historical and forecast values for every vessel in the fleet.
According to them, the 1997-built 45,800 dwt tanker is associated with Chinese shipping interests and esteemed at $5.07 million.
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Source: ShipandBunker
