The Triton

News

Winning bid on Indian Empress unpaid

ADVERTISEMENT

The winning bidder in last Thursday’s court-ordered auction of M/Y Indian Empress has yet to pay for the 311-foot (95m) Oceanco seized in Malta in September, Superyacht Times has reported.

Ann Fenech, managing partner of Fenech & Fenech Advocates, confirmed that the winning bidder of Indian Empress is Credityacht Ltd., a company registered in Malta, according to Superyacht Times. Following the auction, the buyer has seven days to deposit the purchasing price, which means the buyer had until yesterday to pay for the yacht.

Read the full story here.

Related Posts...
At least 20 people are dead and more are injured Read more...
Brightline, the only privately owned, operated and maintained passenger rail Read more...
Sharing a pledge to turn the tide on the plastic Read more...
The first volume of the National Oceanic and Atmospheric Administration Read more...

Share This Post

Leave a comment

Your email address will not be published. Required fields are marked *

Please answer the question below to leave a comment. * Time limit is exhausted. Please reload CAPTCHA.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Editor’s Picks

Boats and brokers in the news: Lady Sara goes to auction

Boats and brokers in the news: Lady Sara goes to auction

M/Y Lady Sara, a 187-foot Trinity Motor Yacht, will be auctioned for sale by the U.S. Marshal on Sept. 6 in Fort Lauderdale at 12:00 …

Popular yacht crew ‘dive bar’ to close after 23 years

Popular yacht crew ‘dive bar’ to close after 23 years

By Dorie Cox Jeff Rudd looked for a place to move his “dive bar”. But, realistically, he cannot. He has run the The Treasure Trove, …

New Caledonia, a gem in the South Pacific

New Caledonia, a gem in the South Pacific

By Jenifer Rosser Crossing the South Pacific offers a multitude of dazzling countries, islands, lagoons and reefs to enchant even –the …

Capt. Mike “Iowa Mike” Bryan dies

Capt. Mike “Iowa Mike” Bryan dies

By Dorie Cox Iowa-born Capt. Mike Bryan died on Aug. 2 of cardiac arrest in Fort Lauderdale. He was 53. His yacht work included M/Y …