A cargo dispute has led to the seizure of a supramax bulker that trades in the fleet of the Schulte Group’s Hanseatic Chartering.
The 56,800-dwt Universal Bremen (built 2010) was arrested by officials of the Sheriff of Singapore’s office late last Friday at the request of the Dubai branch of the National Bank of Fujairah (NBF).
The vessel had just arrived in the South East Asian port from Mina Saqr in the United Arab Emirates, from which it had departed on 15 January.
NBF filed a $4.3m cargo claim against the vessel in a legal action that began in the High Court of Singapore last November.
It is unclear why the bank had not taken legal action against the ship in the UAE, and had instead waited for it to reach Singapore.
The Universal Bremen is listed in the IHS International Ships Register as owned by Tulip Finance Corp, a single-ship entity registered in the Marshall Islands.
Bernhard Schulte lists the ship on its website as part of its owned fleet, and it is operated out of Cyprus by Hanseatic Chartering.
TradeWinds was unable to access the full details of NBF’s claim against the ship before going to print this week. Hanseatic Chartering could not be reached for comment.
