Seized Bulk-Carrier Sold at Auction for €4.8m

15th June 2013

#SoldShip – The Belize flagged bulk-carrier Clipper Faith (1998/19,354grt) seized in Dublin Port in March as previously reported on Afloat.ie has been sold at auction for €4.8m reports RTE News.

The crew who had not been paid since December 2012, were paid off and repatriated to their native Ukraine last month following intervention by the International Transport Workers' Federation.

The Clipper Faith was sold to a Greek shipping company. The sale price will now be given to the Admiralty Marshall for distribution to creditors who include Dublin Port and the Amsterdam Trade Bank.

Published in Ports & Shipping

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Jehan Ashmore

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Jehan Ashmore is a marine correspondent, researcher and photographer, specialising in Irish ports, shipping and the ferry sector serving the UK and directly to mainland Europe. Jehan also occasionally writes a column, 'Maritime' Dalkey for the (Dalkey Community Council Newsletter) in addition to contributing to UK marine periodicals.

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