Supply vessel “Nordic Barakuda” sold by Singapore Supreme Court for USD 980,000
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by Admin
Indonesian-flagged offshore supply vessel was arrested at Singapore port in May 2019 over an alleged dispute over payment for goods and services.
The Singapore Supreme Court on Monday (29 June) said it has sold the Indonesian-flagged offshore supply vessel Nordic Barakuda that has been arrested at Singapore port in May 2019.
The proceeds of the said sale amounting to USD 980,000 have been paid into the Court on 29 June, it said.
The vessel was arrested in May 2019 reportedly as a result of a dispute over payment for goods and services. The arrest was made by Singapore-based Focal Investigation & Security Agency Pte Ltd.
Any person having a claim against Nordic Barakuda or the proceeds of the sale, on which they intend to contest should accordingly do so within 90 days of the payment, said the Court
Photo credit: Marine Traffic / Iwan Afwan
Published: 7 July, 2020
