Cash buyer pays big fine for Norwegian scrap vessel

The ship Tide Carrier, which was arrested in Norway en route to an illegal shipbreaking yard in Pakistan, ended up costing a Singapore-based cash buyer a fine of NOK 7 million. The fine has been paid.

Photo: Tide Carrier

Singapore-based cash buyer Wirana Shipping has paid a fine of NOK 7 million (USD 770,000) to the Norwegian police's financial crimes unit, Økokrim.

The fine was concerns the vessel Tide Carrier, which incurred engine failure while sailing through Norwegian waters in February 2017.

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