GLOBAL PEACE

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Tanker arrested at Pipavav

The 'GP B3' was arrested at Pipavav port by its mortgagee, the National Bank of Fujairah, on Sep 9, 2020. The Gujarat court granted an application by the vessel's manager, the Celestial Ship Management, to arrest the ship for unpaid invoices, on Sep 10. The Singapore-registered Celestial, which has managed five of GP Global's bunker vessels since March 2019, had filed a claim with the court on Sep 8 against the tanker and its ship owning entity, the GP B3 Shipping. The firm which undertakes technical management, crewing and other services for the owner claimed thatthe GP B3 Shipping fell behind on its monthly payments and had racked up just over 587.000 US $ in debt since April 2019, plus 1.400 US $in interest, according to a court order. GP Global, said in July 2020 that, it planned to restructure but strongly denied speculation it was in difficulties after failing to get full financial support from its lenders. The tanker remained moored in pos. 20° 53.87' N 071° 33.44' E as of Sep 18.