34,100-dwt MV Tarik 3 (built 1986) will go on the auction block on the morning of 13 January next year. The sale will be conducted by auctioneer Roy Martin of Durban-based Admiralty Ship Sales, South Africa at the request of Credit Europe Bank.
MV Tarik 3 is owned by Garanti Finansal Kiralama, a leasing company, but operated in the fleet of Horizon Shipping in Istanbul. Credit Europe Bank arrested the MV Tarik 3 in June this year.
Horizon Shipping operates a fleet of three bulk carriers. Having trouble and being in headlines for unpaid suppliers.
Dry Bulk Shipping News - Shipbroker Notes