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Sold
for $ 8m to Turkish buyers
Sold
Sold to undisclosed European buyers for $8 mill
Bulker to be sold at auction
The "Porto Maina" is to be sold at auction in Aruba after Commerzbank foreclosed its mortgage on the ship. The Court of First Instance ordered the sale of the vessel to be set for Oct 15, 2014. The ship was lying off the coast of Aruba. The registered owner was the Porto Maina Maritime of the Marshall Islands, with management being carried out by Phoenix Shipping & Trading of Greece. The sale was based on a judgment on Sep 3 which ruled Commerzbank could enforce its mortgage deed. The bank reserved the right to sell the ship before the auction in a private sale, with court approval.
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