Suezmax Tanker on Auction in Singapore

Suezmax crude oil tanker Ambassador, which was arrested on January 19 in Singapore waters, has been put up for auction, according to Supreme Court of Singapore’s data. 

The court’s data shows that the closing date for bids for the 153,000 dwt vessel is April 12, 2017.

The net value of bunkers on board Ambassador is SGD 46,299 (USD 33,184). This price is excluded from the sale and has to be paid by the purchaser. According to the court, the amount payable cannot be negotiated.

Built by South Korean shipbuilder Hyundai Heavy Industries (HHI) in 1997, Ambassador features a length of 269 meters and a width of 49 meters.

Market value of the tanker, which flies the flag of Saint Kitts and Nevis, currently stands at USD 8.43 million, according to information provided by VesselsValue.

As of March 30, 2017, Ambassador’s AIS data shows it is anchored in Singapore area.

Three more vessels have been put for auction by Supreme Court of Singapore. The ships in question are anchor handling tugs – Swiber Mary-Ann, Swiber Anne-Christine and Swiber Else-Marie.

World Maritime News Staff

Share this article

Follow World Maritime News

In Depth>

Events>

<< Apr 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 1 2 3 4 5

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 >

CWC World Gas & Power Series – Brazil & the Americas Summit

CWC World Gas & Power Series: Brazil & the Americas Summit is the perfect meeting place to make contacts…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >

Nor-Shipping 2019

Nor-Shipping’s conference and event programme is tailored to deliver the knowledge, value and networking to help you build your business.

read more >