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Sold to Chittagong Breakers

Sold to Breakers as is China

Stena RoRo has purchased the 'Giuseppe Lucchesi' from the Compagnia Italiana di Navigazione (CIN), a part of the Moby Lines group of companies. The ship will be renamed 'Stena Shipper' and fly the Danish flag. It is the last ship in a long series of sister ships built at the Odense shipyard and has a large cargo capacity. In connection with the transaction, Stena RoRo is taking over a contract with the Tunisian shipping company Cotunav for service on the Rades-Marseille route. In Dec 2024, Stena RoRo took delivery of the 12the E-Flexer in a series of 15 roll-on/roll-off passenger (RoPax) ferries from the Chinese shipyard CMI Jinling (Weihai), the 'Guillaume de Normandie', which is expected to enter service on the Portsmouth-Caen route in April 2025.

Sold to Breakers 450 USD/TO

The USA are going to court to prove that sanctioned billionaire Suleiman Kerimov is the real owner of the 'Amadea'. The yacht, which costs US taxpayers almost $750,000 a month to maintain and insure, is being held in custody in San Diego while the legal proceedings are ongoing. The legal battle stems from the work of the Justice Department's KleptoCapture task force, which targets assets including yachts, planes, and luxury real estate of wealthy Russians who have been sanctioned over the invasion of Ukraine. The US, UK, and EU have imposed sanctions on oligarchs and others accused of helping the Kremlin. The United States claims that Amadea is owned by Kerimov, the 17th richest man in Russia, with a net worth of about $9.3 billion. But Eduard Khudainatov, the former head of Russia's oil producer Rosneft, claims he is the real owner. Lawyers for Khudainatov and his Millemarin Investments claimed that he spent $232 million to build the yacht and that it has belonged to him all along. The Ministry of Justice argues that Khudainatov is only a fake owner designed to conceal Kerimov's ownership of the yacht and has no legal grounds to complain about what is happening to it. The US District Judge Dale Ho is holding a hearing this week on the Khudainatov case and the question of who owns the yacht. In the government's opening statement, Justice Department lawyer Rachel Dowd told that the evidence would show that Khudainatov ordered the 'Amadea' and then sold it in 2021 to Kerimov through intermediaries, after which the Kerimov family used the yacht exclusively. The crew recognized the Kerimovs as the owners and the family had plans to refit the vessel. If the United States fails to confiscate the yacht, the cost of its maintenance will be lost. So far, the government has not been able to get court approval to sell the ship and avoid financial risk. Adding the $5.6 million in dry-dock repairs that the US planned to carry out last year, the total cost to taxpayers was about $20 million, according to a US statement in 2024, and is now closer to $30 million. The costs represent only a small fraction of its value and are not unusual for such a yacht. When the 'Amadea' was arrested, the US estimated its value at $300 million or more. An independent appraiser estimated its fair market value at $230 million.