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JUDICIAL SALE MV SEA PIONEER

JUDICIAL SALE MV SEA PIONEER

Published: 5 February 2018

JUDICIAL SALE m.v. "SEA PIONEER"

On Monday, 12 March 2018 at 15.15 hours (pm) the sea going vessel "SEA PIONEER", registered under IMO-number 9339650 in the Register of Ships in Marshall Islands (hereafter: the "Vessel"), will be sold by judicial sale in a session of the Court of Rotterdam, The Netherlands located at the Wilhelminaplein 100-125.

The judicial sale will take place at the request of GMTC I LLC, established at Wilton, Connecticut, United States of America (hereafter: the "Creditor"). The Creditor has in this matter chosen domicile in (1075 AB), Koningslaan 35, Amsterdam, The Netherlands at the office of Wiersma Mensonides advocaten, of which Mr R.P. van Campen will act as attorney-in-fact.

The judicial sale is aimed against the owner of the Vessel, BONDI SHIPHOLDING S.A., established at Majuro, Marshall Islands at the address Trust Company Complex, Ajeltake Road, Ajeltake Island, (MH 96960) Majuro, without a known place of establishment or offices in The Netherlands (hereafter: the "Owner").

The judicial sale will take place by virtue of an enforceable judgment from President of the Court at Amsterdam, rendered on 29 January 2018. The judicial sale takes place for the recovery of USD 13,494,778.65, due by the Owner pursuant to the above judgment without prejudice to further sums for principal, interest and costs, owed by the Owner to the Creditor.

Technical data of the Vessel (without liability for errors or incompleteness's): Seagoing "tanker for oil and chemicals". The Vessel is built in 2007 at the yard Dalian Shipbuilding Industry Co. Ltd. at China, L.O.A. 171.2 metre, beam 27.4 metre, depth 17.3 metre, DWT 34,671, G.T. 22,184, N.T. 9,431, propulsion by fixed pitch propeller engine (MAN Diesel & Turbo SE, 5S50MC, 8,900 KW).

The Vessel will be sold "as is, where is". The Vessel is presently lying in Amsterdam, Amerika harbour. Inspection of the Vessel can only take place after prior permission of the attorney-in-fact of the Creditor. The Vessel will be sold to the highest bidder in the Dutch auction. The conditions of sale will be filed at the office of the clerk of the Court in Rotterdam and can be obtained from undersigned.

 Further information can be obtained with Wiersma Mensonides (Mr R.P. van Campen and Mr D.L. van Besouw), Koningslaan 35, 1075 AB Amsterdam, telephone number +3120 524 5245, fax number +3120 524 5250, email: vancampen@wmlaw.nl / vanbesouw@wmlaw.nl, to whom requests for inspection can be addressed.

The Attorney-in-fact of the Creditor.

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