Transatlantica Commodities has fired back at Hanwin Shipping in a wide-ranging dispute over a November 2021 cargo fire.

The Singaporean outfit sought in July to secure security for its allegations that Hanwin wrongly loaded and delayed the 40,256-dwt bulker TAC Imola (built 2021), costing it $4.6m, and get the Chinese operator’s Massachusetts federal lawsuit thrown out.

Last week, Judge Rya Zobel ordered Hanwin to pay just under $1m in security on top of the $3.4m