Seroja, which provides marine cargo and coal transportation services in China and Indonesia, announced that its jointly-owned vessel Zhushui 5 has been served with an arrest warrant by Conirma Marine on 21 October.
Seroja Zhushui 5 Shipping Limited, the joint venture company owning the vessel, had entered into an agreement in July to sell the panamax vessel Zhushui 5 for $20.65m to Conirma Marine, but the latter did not take delivery as it alleged that the vessel had deficiencies deemed unfit for delivery.
Seroja Zhushui 5 Shipping Limited said it had requested for surveyor from Lloyd’s Register to inspect the vessel and was issued a clean report by the surveyor.
“Seroja Zhushui 5 Shipping Limited is currently seeking legal advice and intends to take steps to void the arrest warrant and defend any claims that Conirma Marine may subsequently file,” Singapore-listed Seroja said.
The 80,000 dwt Zhushui 5 was built in 2012 by China's Zhoushan Jinhaiwan Shipyard. The vessel was to be delivered to Conirma Marine between 8 September to 8 October this year.
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