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SAM Shipping's supramax Sam Jaguar, which is one of a number of company-affiliated ships that have been arrested by creditors this year. Photo: Ria Maat/MarineTraffic

Credit Suisse finally catches up with SAM Shipping vessel in India

Swiss bank claims it is owed $24.1m by the owners of the SAM Hawk

15 May 2020 8:44 GMT Updated 18 May 2020 8:35 GMT

By Holly Birkett

in London

Credit Suisse has arrested a SAM Shipping-controlled bulk carrier in India against $24.1m it claims it is owed by the vessel's owners.

The 57,200-dwt supramax SAM Hawk (built 2013) was arrested at Mundra on Wednesday by the Swiss investment bank, which is the ship's registered mortgagee.