YM SUCCESS

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Judge orders YM vessel arrest

A US judge has issued an order to arrest a Yang Ming Marine Transport-owned boxship over a disputed OW Bunker fuel bill District Judge Benjamin Settle, of the federal court in Tacoma, Washington, issued the order to seize the 5,550-teu YM SUCCES (built 2004) after fuel suppler Bunker Holdings filed a lawsuit requesting the arrest. While several arrest lawsuits have been filed in the US over bunkers bought through OW Bunker and its affiliates before the Danish supplier collapsed into liquidation, Bunker Holdings’ complaint centres on fuel sold a month later by a Singapore-based OW entity.Bunker Holdings says it was hired by OW Bunker Far East on 8 December to provide bunkers to the post-panamax YM Success at Nadhodka, Russia, according to the lawsuit filed by law firms Chalos & Co and Nicoll Black & Feig.Cyprus-based Bunker Holdings then hired Baltic Tanker to deliver the bunkers to the containership.The plaintiff says it has yet to be paid and is owed $1.89m. Taiwan-based Yang Ming could not be immediately reached for comment. Source : Tradewinds