Greek-Owned Freighter Auctioned Off to Pay Debts

Authorities in Hong Kong have auctioned off the Russian-flagged “Sakhalin” freighter, four weeks after impounding it on its way from eastern China to southern Russia with a cargo of sheet steel on board. The proceeds will go to pay debts incurred by the ship’s Greek owner. The crew consisted of five Russians and 16 Ukrainians. [...]

Source: http://world.greekreporter.com/2012/05/01/greek-owned-freighter-auctioned-off-to-pay-debts/

Ruthie Alcaide Raj Bhakta