sold to Alang Breakers
News
PISA
The former 'Moby Otta', which is currently anchored off Penang, where it has been stationed for several months, will be broken up. The ship had been purchased in August 2025 by the Chinese company Hoiyu International Group Ltd. with the intention of using it as a floating hotel and casino in Malaysia. Following the sale, the ferry, which had been docked in Livorno since Oct 1, 2025, set sail for Asia on Nov 26, arriving in Ningde on Dec 31. On Feb 12, 2026, after a stint in a Fujian shipyard, the ferry departed for George Town. There, on March 3, it began its new role, operating as a cruise ship and floating casino offering daily mini-cruises off the coast of Penang under the Elpis Cruise banner. The ship was renamed 'Pisa' on Aug 1 and re-registered under the flag of St. Kitts & Nevis, preparing for her final voyage to a ship-breaking yard.
BLACK EAGLE I
On Oct 1, 2026, the 'Black Eagle I' was photographed in an apparently abandoned and appearing to be partially swamped, at an anchorage in the port of Colon, where it has been stationary since 2022. Photos: https://www.shipspotting.com/photos/4024018?navList=gallery&category=61&page=1&viewType=normal&sortBy=newest https://www.shipspotting.com/photos/4024018?navList=gallery&category=61&page=1&viewType=normal&sortBy=newest
LEFKORITIS
The Creta Cargo Lines have allegedly acquired the 'Med Star', which has been laid up in Piraeus for an extended period, since being sold by Inter Shipping to Northbay Transportes Maritimos in May 2024. The Inter Shipping had operated the ferry between Algeciras and Tanger Med from 2018 to 2023. Delivered as 'Queen Diamond' by the Kurushima Dockyard to Japan’s K.K. Diamond Ferry, it was chartered to a Swedish company between 2013 and 2016 for services between the island of Gotland and the Swedish mainland under the name 'Västervik'. The Creta Cargo Lines had yet to confirm that it was the new operator of ship. The company, which operates between Crete and the Greek mainland, currently has two RoPax ferries and three RoRo vessels in its portfolio.
FUNCHAL
The 'Funchal' is currently being auctioned as part of the insolvency of the owner. Shipping aficionados and members of the Portuguese community were rallying with a last-minute hope to save the ship, after the Madeira Judicial Court has ordered it to be sold in a sealed-bid auction as part of the liquidation of the company Teamson, her last owners, which was linked to Brock Pierce, an American cryptocurrency entrepreneur, who acquired the ship in 2021 for a price of approximately 1.6 million euros. The court and insolvency administrator opened the 'Funchal' on Sep 18 for inspections by potential bidders. Interested parties had until Sep 30 to submit sealed bids. They were to be opened on Oct 9, with the administrator highlighting that the buyer got the ship free of debts and encumbrances, but would take over the expenses immediately. Minimum bids were set at 802,354 Euros ($921,000), putting the 'Funchal' in the scrap market. The insolvency administrator highlighted that before the current owners stopped work, the interiors had been stripped and were free of asbestos and other hazardous products. They also obtained a license for the vessel to operate as a hotel on Portugal’s Tagus River.

