Indian Court Issues Second Arrest Warrant For GP Global Bunker Tanker

An Indian court has issued a second arrest warrant for a marine refuelling tanker owned by troubled UAE oil trader GP Global after it failed to make payments to its ship manager, court documents showed, Reuters reported. On Sept. 10, the High Court of the western Indian state of Gujrat granted the vessel manager’s, Singapore-based Celestial Ship Management Pte Ltd, a request to arrest the GP B3 bunker tanker for unpaid dues, according to the court documents seen by Reuters. On the previous day, the same court granted a request by the National Bank of Fujairah (NBF) to arrest the same GP Global-owned bunker tanker after the oil trader defaulted on a loan payment. Celestial, which offered technical management, crewing and other services for the GP Global ship, said it was owed just over $600,000 in outstanding claims, interest and court fees, the company told the court, according to the documents. Read more