Torm tanker arrested over dispute with FSL Trust

Torm tanker arrested over dispute with FSL Trust

Singapore-based shipping trust FSL Trust has had the Torm-owned 2002-built MR2 tanker Torm Amazon arrested in Taiwan.

Splash understands that the arrest follows a dispute between the two parties over the condition of two vessels, 2006-built LR2 product tankers Torm Margrethe (pictured) and Torm Marie, redelivered to FSL by Torm in the summer of 2018. Torm Margrethe, now named FSL Piraeus, had to undergo 16 days drydocking in China after it was redelivered while Torm Marie, now named FSL Perth, spent some time undergoing repair off Singapore.

FSL has filed a claim against Torm in the UK for the amount of $1.9m for Torm Margrethe and also taken action in Singapore over the Torm Marie.

AIS tracking information shows the arrested vessel, Torm Amazon, currently moored at Kaohsiung Port, where it has been for the last three days.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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