Singapore: Bulk carrier “Sam Jaguar” sold for USD 10.26 million at court auction
- Published
by Admin
Credit Suisse Singapore applied for the vessel sale in August, and anyone with a claim against the vessel should contest within 90 days of the payment.
The Singapore Supreme Court on Friday (18 September) said an application from Credit Suisse on 26 August for the sale of Liberian-flagged bulk carrier Sam Jaguar (IMO NO. 9637428) has been completed.
The proceeds amounting to USD 10,255,000 were paid into the Court on 14 September, according to a Singapore Gazette notice on Friday (18 September).
The 57,200 dwt vessel was detained at Singapore port in March.
Any person having a claim against Sam Jaguar or the proceeds of the sale, on which they intend to contest should accordingly do so within 90 days of the payment, said the Court
Photo credit: Marine Traffic / Cengiz Tokgoz
Published: 21 September, 2020
