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9th OW Bunker Related Arrest in Australia
Federal court marshals in Australia have arrested coal bulk carrier Pounda on behalf of ING, as the Dutch financial giant continues in its efforts to collect outstanding OW Bunker debts. Federal court marshals in Australia Thursday arrested the Malta-flagged bulk carrier Pounda on behalf of ING Bank (ING) as the Dutch financial giant continues in its efforts to collect outstanding OW Bunker debts - the country's ninth such arrest resulting from the collapse of the former bunker giant. According to a report by IHS Fariplay, the arrest warrant for the 177,000 DWT vessel was issued in New South Wales over a claim for unpaid bunkers totalling $589,000 plus interest.
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