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Singapore: Bulk carrier “Sam Jaguar” sold for USD 10.26 million at court auction

21 Sep 2020

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


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