Singapore’s DBS bank had the sheriff’s shackles placed on two tankers belonging to regional fuel trader Coastal Oil Holdings last week.

Arrested were the 24,200-dwt products tanker Atalanta (built 2015) and the 5,500-dwt products tanker Coastal Neptune (built 2014).

Court documents reveal that a mortgage claim of $ 5.36m was filed against the Atalanta and a claim of $3.59m filed against the Coastal Neptune.