The150,000-dwt Hebei Tengfei (built 1990) was detained in Singapore earlier thisweek by lawyers from local law firm Rajah & Tann.
Theexact details as to why the ship has been arrested remain unclear, but it islikely to be related to outstanding payments for services.
Recentreports suggest that the Chinese shipowner may be looking to offload the bulkerin a demolition sale.
Lastweek TradeWinds reported that a Hosco controlled panamax bulker was arrested byUS Marshals in Norfolk, Virginia.
Theseizure
