Australian authorities have arrested a panamax boxship owned by Yang Ming Marine Transport in Port Botany over environmental clean-up costs of up to AUD20m ($13.4m).
On Sunday, the Federal Court Admiralty Marshall arrested the 4,250-teu YM Eternity (built 2009) after the Australian Maritime Safety Authority (AMSA) petitioned the court to recover costs.
According to VesselsValue, the ship is worth about $9.91m.
