Singapore operator GML Chartering is $565,000 out of pocket after an Indian court overturned the arrest of a Eurobulk Asia ultramax that it seized to try to claw back an unpaid bunker bill from the sub-charterer of an unaffiliated bulker.
GML obtained an arrest warrant against the bunkers on board the 63,100-dwt Alexandros P (built 2017) last Friday by claiming it was a sister ship of a non-Eurobulk-owned vessel it was in a dispute with, as both ships were chartered to the same entity.
