The fall out between the two companies has resulted in Phoenix Shipping’s 48,913-dwt Intrepid (built 1999) being arrested in Singapore.

The Liberia-flagged vessel was arrested by the admiralty sheriff on the instructions of local law firm Oon & Bazul.

AIS data shows the supramax bulker presently moored off Singapore’s east coast in position 01° 28.34'N, 103° 94.37'E.

Court documents show that MUR Shipping is seeking damages of $336,000 from the George Gourdomichalis-led shipowner.

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