Court papers reveal that former charterer ASC Liner Services (ASCL) & Zentner Shipping was behind the seizure of the 6,300-dwt Finex Trader (ex-Princess Mary, built 2000) in Singapore.

The company had the multipurpose (MPP) vessel arrested as security for a claim it is trying to pursue for damage caused when the ship’s crankshaft failed while it was on charter to ASCL/Zentner under the name Princess Mary.

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