3 Swiber-linked vessels of Norwegian ship lessor seized in Singapore
Action taken by syndicate of banks, including UOB, against RS Platou Finans unit over US$43.4m debt
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Singapore
A NORWEGIAN ship lessor has been caught in the debt web of Swiber Holdings, with three of its vessels in Singapore arrested by a syndicate of banks.
Court documents obtained by The Business Times show that the anchor handling tug supply vessels Swiber Else-Marie, Swiber Mary-Ann and Swiber Ann-Christine were arrested over an outstanding mortgage claim of over US$43.4 million.
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