Sponsored By

Chemical tanker arrested over unpaid repair bills to Otto Marine

Otto Marine has arrested the chemical tanker Ratna Blessing over unpaid ship repair bills at its PT Batamec yard in Indonesia.

Marcus Hand, Editor

July 25, 2016

1 Min Read
Kalyakan - stock.adobe.com

The 2009-built, 9,131 tanker is owned by RS Marine Investments in Singapore, a company belonging to Rakesh Shankarlal Tulshyan and was arrested after action was started in the Singapore High Court on 23 July by Batamec’s lawyers Rajah & Tann.

The court proceedings relate to unpaid ship repair charges for reapirs made to the Ratna Blessing between 13 December 2015 and 21 March 2016.

“Partial payments for the services were effected but various outstanding charges remained. RS Marine Investments Pte Ltd failed to make payment for the remaining charges despite reminders,” Otto Marine said in a statement to the Singapore Exchange.

“In the circumstances, PT Batamec was constrained to commence legal action against the vessel to recover the outstanding charges.”

Otto Marine said that PT Batamec would take “all necessary actions” to enforce its rights over the vessel.

It is the second legal action launched by Otto Marine in the last week the company said it had made a claim against Robert Knutzen Shipholdings Ltd (RKSL) and its guarantor Robert Knutzen over charter payment default of two vessels totaling $2.83m plus interest.

About the Author

Marcus Hand

Editor

Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia.

Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation.

In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology.

Marcus is the founder of the Seatrade Maritime Podcast that delivers commentary, opinions and conversations on shipping's most important topics.

Conferences & Webinars

Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars.

Get the latest maritime news, analysis and more delivered to your inbox
Join 12,000+ members of the maritime community

You May Also Like