Sumitomo Mitsui Banking Corp has had two TeraSea anchor handlers arrested in Singapore after the company defaulted on two loan agreements.
The 16,300-bhp Terasea Eagle (built 2013) and the Terasea Osprey (built 2014) were detained last week by local law firm Haridass Ho & Partners.
Sumitomo Mitsui Banking Corp contends that it is owed a total of SGD 3.7m
