A Greek-owned panamax bulker has been arrested in Singapore by Piraeus Bank, TradeWinds has learnt.

The Liberian-flagged 76,000-dwt Tina (built 2000) was detained earlier this week by local law firm Haridass Ho & Partners.

Piraeus Bank claims that it is owed a total of $81.1m by the undisclosed Greek shipowner, according to court documents.