Rotterdam Auction of four JR Shipping vessels

At Wednesday 11 April 2012 at 2 PM four vessels of the former JR Shipping fleet are sold in auction at the request of Coöperatieve Rabobank Rotterdam U.A. The vessels are owned by four Dutch single ship companies, that have been declared bankrupt. The auction will take place before a Dutch Civil Law Notary in accordance with Dutch Law.

The details of the vessels are the following:

M/V "ELATION"
IMO N°: 9083902
Built 1994 J.J. Sietas Schiffswerft GmbH & Co KG Hamburg (Germany)
Length: 108,77 m – Beam: 17.90 m – GT: 5 026
Main engine: Krupp MAK type 8M 552 C (4 750 kW)

M/V "ELEVATION"
IMO N°: 9083067
Built 1994 J.J. Sietas Schiffswerft GmbH & Co KG Hamburg (Germany)
Length: 108,77 m – Beam: 17.90 m – GT: 5 026
Main engine: Krupp MAK type 8M 552 C (4 750 kW)

M/V "ELECTRA"
IMO N°: 9129469
Built 1995/1996 J.J. Sietas Schiffswerft GmbH & Co KG Hamburg (Germany)
Length: 123,68 m – Beam: 18.70 m – GT: 6 326
Main engine: MAK type 6M 601 C (6 600 kW)

M/V "ELUSIVE"
IMO N°: 9123805
Built 1995 J.J. Sietas Schiffswerft GmbH & Co KG Hamburg (Germany)
Length: 123,68 m – Beam: 18.70 m – GT: 6 326
Main engine: MAK type 6M 601 C (6 600 kW)

The auction will take place at the Beurs-World Trade Center in Rotterdam, Beursplein 37.

The vessels are located at Serdijn Ship Repair, Drutenstraat 7, Rotterdam, Waalhaven Pier 4, Port Number 2224-2226 and can be inspected at 15 March 2012 and 21 March 2012.

If wished, the lawyers of Kernkamp Advocaten can assist interested buyers in gathering further information on the auction and the legal formalities and with the actual bidding at the auction. As this is not a auction by the Court, representation by a Dutch lawyer is not a formal requirement.

For further information, please feel free to contact our contact person.

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