Detained Turkish Bulkers to Be Auctioned Off

A pair of Marshall Islands-flagged bulk carriers were detained in Durban, South Africa, by court decision due to vessel foreclosure, according to local media.

The vessels, owned by Turkish shipping company Kaptanoglu Holding, were arrested by a local court acting on behalf of the Unicredit Bank from Italy.

What is more, the 2010-built Zeynep K and the 2009-built Sadan K bulkers, both over 80,000 dwt, detained in December, are scheduled to be sold in an auction on January 12.

The owner said that this transaction is an isolated issue that does not affect the company’s other business segments.

World Maritime News Staff

Share this article

Follow World Maritime News

In Depth>

Events>

<< Jul 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

Shipping Transformation Asia

Shipping Transformation Asia will provide a platform for future-focused discussion in the shipping,…

read more >

Global Sustainable Shipping Forum 2019

The event will provide valuable insights from conference sessions, great networking opportunities and will offer…

read more >