Ship arrested over unpaid repair charges

Singapore-listed Otto Marine’s Batam shipyard subsidiary has forced the arrest of chemical tanker Ratna Blessing for unpaid ship repair-related charges.

PT Batamec has also commenced proceedings in the High Court of Singapore against the vessel and its owner. The vessel is registered under RS Marine Investments, a company owned by Rakesh Shankarlal Tulshyan, who is also the boss of Wirana Shipping Corporation of Singapore, a big name in ship recycling.

The repair work was done at the start of the year and just a first instalment was paid.


Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
Back to top button