A cargo dispute has led to the seizure of a supramax bulker that trades in the fleet of the Schulte Group’s Hanseatic Chartering.

The 56,800-dwt Universal Bremen (built 2010) was arrested by officials of the Sheriff of Singapore’s office late last Friday at the request of the Dubai branch of the National Bank of Fujairah (NBF).

The vessel had just arrived in the South East Asian port from Mina Saqr in the United Arab Emirates, from which it had departed on 15 January.