Two product tankers owned by Singapore-registered Somerset Maritime have been arrested by investment bank HSBC over cargo claims totalling $6m.
Court records indicate that the 18,700-dwt Kirana Hasta (built 2018) and the 19,000-dwt Kirana Santya (built 2013) were seized by the Sheriff of Singapore late last Thursday.
HSBC filed cargo owner claims worth $3m against each vessel.
TradeWinds understands from legal sources familiar with the case that the HSBC is seeking the value of cargoes for which it still is possesses the bills of lading (BOL).
