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.

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Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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