The Antigua & Barbuda-flagged Finex Trader (ex-Princess Mary, built 2000) was detained on Wednesday on the orders of lawyers from Rajah & Tann.

The exact details as to why the ship has been arrested remain unclear, but it is likely to be related to outstanding payments for services.

In February 2013 the ship was involved in a collision with a breakwater in Australia after reportedly losing power.

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