Banks are hunting a rogue tanker that is understood to be in limbo in Indian territorial waters after jumping arrest.
The 46,300-dwt Hiranya (ex-Sea Force and Sirius I, built 1996) allegedly went missing in January from Sharjah in the United Arab Emirates, where it had been under arrest since October last year.
Then, last week, it turned up off Alang on the Indian coast and was circulated to cash buyers at a bargain price, industry sources told TradeWinds.
