Bulker set for auction after 13-month court battle in Jamaica

Bulker set for auction after 13-month court battle in Jamaica

The Malta-registered bulk carrier Trading Fabrizia will finally be auctioned off on January 8 after spending more than a year in Kingston Harbour.

The ship was detained in Jamaica on behalf of Italian outfit Jebmed in its capacity as mortgagee of the vessel, over a debt of $699,046.38 allegedly due from Capitalease, the Milan-based owner of the ship. The shipowner also owes significant bunker dues as well as back pay to the ship’s crew.

Capitalease became the owner of the Trading Fabrizia following the demise of D’Amato di Navigazione. The 34,529 dwt ship has been tied up in a series of complex legal battles for the last 13 months.

London-based shipbrokers CW Kellock and Company will handle the auction of the bulker next month.

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.

Related Posts