Hellenic Bank has secured an order to arrest an Interorient Shipmanagement-controlled bulker over allegations of a loan gone bad.
A warrant to arrest the 33,755-dwt Orient Alliance (built 2012) was issued in Eastern District of Texas federal court Tuesday.
It comes after the Cypriot bank sued the ship's eponymous registered owner, alleging it failed to live up to the terms of a $20.5m
