Europe
Abis Shipping fleet up for auction
Dutch auction house BVA has set the end of the month for bids for 12 ships belonging to Dutch project specialist Abis Shipping. The dozen ships were seized on behalf of lead creditor Rabobank.
The 12 multipurpose vessels were held at two Dutch ports at the start of the month and will now be auctioned online with the auction house pointing out what a rare opportunity it is to be able to buy 12 very similar in one go.
Abis, founded in 2007, has nine other ships which continue to trade at the moment.
Another Dutch MPP owner, Flinter, has also ran into financial difficulties in the past month with creditors including ING and Rabobank seeking a rapid fleet auction.