The feud between two estranged shipowning partners in Hong Kong is heating up, with underwriters being threatened with lawsuits if they sign or renew two disputed kamsarmax bulkers.

The move comes as a court in the flag state of Panama issued injunctions against selling, mortgaging or reflagging the 82,000-dwt New Prestige and New Honor (formerly the BBG Hope and BBG Glory, both built 2013).