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Trading Fabrizia not sold, not for sale and still arrested in Jamaica

Greece’s Thalkat Shipping did not buy the 2011-built Trading Fabrizia, contrary to what has been reported by several brokers and media.

Francesco Organista, head of the Italian leasing company Capitalease, which has become the new owner of the ship following D’Amato di Navigazione’s demise, told Splash: “The Trading Fabrizia neither has been sold to anyone, nor is it for sale. Capitalease wants to operate the ship in order to generate cash flow and repay creditors.”

Today the ship is still under arrest in Kingston, Jamaica, where it has been detained since November following a legal action by the former commercial manager of the ship (Jebmed of Genoa) which is asking an unpaid debt worth some $900,000 to be paid.

“The local court has proved us right and reduced the credit amount to $400,000,” explained Organista, adding: “Capitalease will now lodge a guarantee for the amount requested so that the Trading Fabrizia will be freed and will be able to sail again.”

Nicola Capuzzo

Nicola is a highly qualified journalist focused on transport economics, logistics and shipping with broad experience in both online and printed media. Specialties: shipping, ship finance, banking, commodities and port economics. He regularly interviews Europe's top shipowner executives for Maritime CEO magazine.
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