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The Alpha Era, seen loading at Newcastle, eastern Australia, has escaped a six-month wait at anchorage in China, only to be arrested by a buyer complaining that the seller walked away from a done deal. Photo: Owen Foley/MarineTraffic

Would-be buyer arrests Alpha Bulkers capesize amid Chinese coal discharge delay

Chinese buyer claims the seller walked away from a done deal amid rising scrap prices

1 December 2020 7:03 GMT Updated 1 December 2020 7:03 GMT

By Bob Rust

in Oslo

An Alpha Bulkers Shipmanagement capesize is under arrest by a Chinese buyer who believes he was unfairly treated in a scuttled ship sale. The

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Would-be buyer arrests Alpha Bulkers capesize amid Chinese coal discharge delay