Two tankers chartered by Groda Shipping from First Ship Lease Trust have been arrested for alleged unpaid bunker bills.
'Nika 1' was arrested on June 8 in Qingdao, China by Daxin Petroleum in Singapore over alleged unpaid bunker bills. The tanker was on long-term charter to Groda Shipping that defaulted on the lease of last month, while 'Verona 1' was arrested on June 5 in Japan over alleged unpaid bunker bills to Daxin.
The total security amounts to US$4.8 million representing approximately 8.5 percent of FSL Trust's cash
"This total value of the claims is… not material in comparison to FSL Trust's total equity of US$370 million… The immediate focus of FSLTM remains to secure expeditious release of both vessels, so as not to disrupt the normal operations of the vessels," said the Singaporean company.
