Tanker Ocean Mare Arrested in Singapore

Business & Finance

The 2006-built crude oil tanker Ocean Mare has been arrested in Singapore, most likely due to unresolved payments, according to Supreme Court of Singapore’s records.

Owned by India-based Varun Shipping, the 106,004 dwt vessel was arrested in the afternoon hours of June 22, following instructions from a local law firm Haridass Ho & Partners.

Focal Investigation & Security Agency has been appointed for security and investigation purposes related to the arrest of the Panama-flagged tanker.

According to AIS data by MarineTraffic, the ship arrived in Singapore in mid-April 2016, where it was arrested on April 23 at the request of V Ships in relation to outstanding management expenses. VesselsValue data shows that the ship was released on October 7, 2016.

The vessel’s current status is listed as laid up.

World Maritime News Staff