A kamsarmax arrested last year in Qingdao has become the subject of a jurisdictional battle between Chinese maritime courts and international arbitration panels.
The dispute comes at a time when China is becoming increasingly assertive about its international jurisdictional rights in trade and maritime law.
Turkey’s Yasa Shipping put up $2m in security over claims of damage to a cargo of soybeans after its 81,500-dwt Yasa Eagle (built 2012) called in Qingdao in June 2017.
