SHERIFF'S SALE - Supreme Court

SHERIFF’S SALE
VESSEL “PEGASUS”
In The Cause Of Admiralty In Rem No. 171 Of 2014
By Virtue of Warrant Of Arrest In Admiralty Action No. 42 Of 2014
PARTICULARS OF VESSEL
“PEGASUS”
13471
IMO 9052733
Single screw motor bulk carrier
Monrovia / Liberia
A8NG2
1998 at Mangalia, Romania
Bureau Veritas (reportedly suspended) I + Hull + Mach, Bulk
Carrier ESP-nonhomload (holds 2, 4 may be empty), Ice
Class ID, Unrestricted Navigation.
Location
: Anchored at Eastern Anchorage, Singapore.
Dimensions
: 181.15m (Length) x 24.80m (Breadth) x 14.15m (Depth)
Tonnage
: 17,630 tons (Gross Ton), 10,220 tons (Net Ton), 28,233
metric tonnes (Deadweight)
Cargo Holds
: 5
Cargo Capacity
: 34,762.2 m3 (Grain) / 34,762.2 m3 (Bale)
Main Propulsion
: One (1) x MAN-B & W 8DKRN 42/136-10, 2-stroke , 8cylinder, single acting, turbocharged diesel engine developing
6029 kW and driving a single shaft connected to a solid fixed
pitch propeller
Speed
: 14 knots
Note: The net value of bunkers on board “PEGASUS” is S$75,500.00/- which is
excluded from the sale, and have to be paid by the purchaser. The amount payable is not
negotiable.
Pursuant to the Order of Court dated 5th day of December 2014, all interested parties are
invited to bid for the purchase of the vessel by private treaty. The bids must be submitted
in Singapore Dollars together with a deposit of S$50,000 in bank draft/cashier’s order
made in favour of The Sheriff Of Singapore and should be placed in a sealed envelope
marked “Tender for PEGASUS” and sent to the Sheriff’s Office, Legal Registry, Level
2, 1 Supreme Court Lane, Singapore 178879, to reach him no later than 3.00pm, on
Tuesday 13th day of January 2015. Bids made without the accompanying deposit will
be rejected. The deposit shall be returned to unsuccessful bidders. The vessel will be sold
“as is where is” on the Sheriff’s standard terms and conditions of sale. The Sheriff’s
Conditions of Sale and Permit to inspect the said vessel may be obtained on application
to the Sheriff.
Name of Vessel
Official Number
IMO Number
Type
Port of Registry/Flag
Call Sign
Built
Class
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The Sheriff reserves the right not to accept the highest or any bid.
Sheriff-in-charge:
Mr Raymond Chui
Mr Andy Tan
Mr Mattias Low
Mr Ho Nyuk Chang
Mr Jimmy Liew
Tel : + (65) 6332 1066
Tel : + (65) 6332 4310
Tel : + (65) 6332 4287
Tel : + (65) 6332 4286
Tel : + (65) 6332 4288