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Judicial Sales

Upcoming Vessel Sales/Auctions


 

Court of Livorno, Italy Vessel Auction
M/V Tramper

Ship used for simultaneous carriage of various kinds of goods, both containerized and in bulk inside her holds.

She is 100.50 meters long, 20.42 meters wide and her maximum height is 48.80 meters.

Her DET tons carriage capacity is 8734 metric tons and she is equipped with two cranes having a lifting capacity of 275 tons each.

Speed as per design conditions: 16.5 knots.

Year of construction: 1999.

 

More particulars can be found on the auction notice.

Posted by member, Alberto Serino

ISMAILIA ECONOMIC COURT
ENFORCEMENT PROCEDURE AGAINST MOVABLES

Sunday, 20th March 2022

General Cargo  M/V ‘AMAN’

IMO No : 9215517
Flag : Bahrain
A ship used for general cargo.
MMSI 408598000
She is 100.51 meters long, 18.50 meters wide and her DET WT 5098 tons.
Gross Tonnage 4094

Sale basic price: Dollar 678,000/00

More particulars can be found on the auction notice here.

Posted by member, Usama Soliman


Marketing Judicial Sales

Should an arrest lead to Judicial Sale, it is important to consider a marketing strategy to ensure that the vessel is not undersold.
In some jurisdictions, Courts have a designated broker, who’s role it is to market Judicial Sales to ensure that vessels are sold efficiently for the highest possible price.
In jurisdictions where there is no such facility, Courts and Creditors may choose to engage specialist marketing to promote and coordinate their Judicial Sale, to ensure maximum sale price.

Reasons to consider engaging marketing for Judicial Sales:

  • To ensure that buyers are made aware of the Judicial Sale via global marketing
  • To ensure that buyers are made aware of how to take part
  • To ensure that the vessel is sold for the highest possible price to give maximum return to the creditors
  • To ensure the vessel is sold at earliest opportunity, without the need for multiple auction rounds/vessel deterioration

 

Shiparrested.com industry members that provide Judicial Sale Marketing services: