nekako se pitan oce li se barba Ratko javit ka kupac, navodno da nikome nista nije duzan....
Tradewindsnews.com
‘Swift Cro’ ready to be auctioned in Bangladesh
A 29-year-old bulker is set to be auctioned off in Bangladesh 18 months after it was arrested over unpaid dues.
The 25,500-dwt Swift Cro (built 1983), which is currently lying in Chittagong, will go under the hammer next month following an order by Bangladesh’s Supreme Court last week to recover claims of more than $8.5m.
However, it is unlikely that all the claimants will receive their outstanding monies as the ship is valued at much less than that.
Online ship-valuation platform VesselsValue.com puts its demolition value of about $3m.
The Swift Cro was bought by Croatian owner Rasad Maritime as a part of an en-bloc sale from a Greek owner in October 2007 for about $13m.
According to the Equasis database, it is the company’s only ship.
Chittagong-based sources say Rasad has had trouble repaying its loan since 2009 to its Austria-based lender, Hypo Alpe Adria Bank International AG, which is currently owed about $5.7m.
Additionally, it has not paid fees amounting to about $2.5m to its Singapore-based broking agency, Dava International Trading & Shipping, since 2010.
Outstanding crew salaries come in at about $500,000 and around $160,000 is also owed to Chittagong port agent Brothers Shipping.
According to Mohammad Hanif, managing director of Brothers and one of the litigants, Bangladeshi authorities were unable to track down the shipowner after it was arrested in January 2011.