Court to sell Voyage Shipholding supramax

Court to sell Voyage Shipholding supramax

Wuhan Maritime Court is going to sell the 2004-built 52,500 dwt supramax Lord via online auction on November 10.

The vessel was seized by the court at the request of the ship’s crew due to salary payment dispute with the Greek owner Voyage Shipholding.

The starting price for the vessel in the auction is RMB26m ($3.67m). MSI values the vessel at $7.9m while VesselsValue‘s valuation of the vessel is $6.83m.

Ship registration information show that the vessel is the last vessel in Voyage Shipholding’s fleet.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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