Advantage-Spice Vessel Reviews and Specifications

On August 6, 2020, an intriguing auction for the detained tanker 'Advantage Sky' was conducted from a law office in Cape Town, sparking significant interest in the maritime community. The virtual online auction saw participation from a remarkable nine bidders, showcasing fierce competition. Ultimately, the tanker was secured at an impressive final bid of $25.25 million, highlighting the vessel's value and the dynamic nature of the maritime auction market.

The recent auction aimed at selling the vessel 'Advantage Sky' ended without a conclusion. A follow-up auction, organized by the local court in Cape Town, has been set for August 6, 2020. Meanwhile, the ship's location remains in Durban as the search for a buyer continues.

In a significant development, the 'Advantage Sky', a Suezmax tanker currently anchored at the outer limits of Durban, is scheduled to go under the hammer on April 6, 2020. This auction comes as a result of actions taken by Hayfin, which has successfully filed a petition to auction the vessel in an effort to recoup outstanding mortgage payments. The tanker, operated by Turkish shipowner Advantage Tankers, has been stationed at the coordinates 29° 37.59' N 031° 12.73' E, marking a noteworthy event in maritime legal proceedings.