A Greek-owned panamax bulker has been arrested in Singapore by Piraeus Bank, TradeWinds has learnt.
The Liberian-flagged 76,000-dwt Tina (built 2000) was detained earlier this week by local law firm Haridass Ho & Partners.
Piraeus Bank claims that it is owed a total of $81.1m by the undisclosed Greek shipowner, according to court documents.
Latest AIS data says the ship is currently anchored in the Eastern Working Anchorage in position 01° 26.74'N, 103° 88.68'E.
Online valuations platform VesselsValue says the Kanasashi-built bulker is estimated to be worth in the region of $9m.
According to the Clarksons Shipping Intelligence Network (SIN) the ship is owned or managed by Athenian Ship Management.
Executives at the company did not respond to a request by TradeWinds for comment on the detention of the vessel.