Vessel Arrested in Singapore

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According to data from the Supreme Court of Singapore, general cargo vessel Korex SPB No. 2 has been detained in Singapore waters.

The 15,000 DWT vessel, that is owned and operated by South Korean shipping company Korea Line, was taken into custody by local law firm Resource Law LLC. The arrest took place on January 26 at a Singapore local time of 12:30 am.

The reasons for the arrests are still currently undisclosed, but it is believed that it may be related to a payment dispute. Just last week, a similar vessel arrest was made in Singapore when a Suezmax Crude Carrier, that had a history of unpaid expenses, was detained under similar circumstances.

Korex SPB No. 2, is a heavy load carrier built in 2012 and currently sailing under the flag of Korea. Korex SPB No. 2 has 153m length overall and beam of 40m. Her gross tonnage is 14462 tons.

In other news from Signapore, Jurong Port have just officially launched their new port training academy.

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