Crew Reviews, Ratings & Info for Leta

In a significant development, the Turkish government is moving forward with an auction for the 'Orestina,' a tanker that has been under arrest in Tuzla since 2019. The Istanbul Bailiff’s Office has officially announced the call for bids on this vessel, which is owned by Ton Shipping. Currently, 'Orestina' is docked at the Gentis Teresnasi shipyard in Tuzla. Bidders are invited to participate, with initial bids starting at 50% of the Turkish valuation of the tanker. The deadline for submissions is set for November 2, 2020, and in the event that the initial auction does not succeed, a second sale is scheduled for November 30. Interested parties can submit their bids online through a designated Turkish government website starting 20 days prior to the first auction date. Importantly, the Bailiff's Office has confirmed that the tanker is free of any encumbrances.

The 'Orestina,' a tanker that has been idle in Tuzla since April 2019, is scheduled for auction following a court order due to outstanding debts. Initially seized at the start of January 2019, the vessel finds itself at the center of legal proceedings owing to unpaid credits. The court in Istanbul, Turkey, has set the auction date for March 20, providing a potential opportunity for interested buyers to acquire the stranded vessel. With its long period of inactivity, this auction presents a unique moment in the maritime industry as stakeholders await the outcome.

The much-anticipated repairs for the MV Orestina have come to an abrupt halt as the vessel's owner faces significant financial difficulties. The ship, which experienced a serious engine failure shortly after leaving Las Palmas on September 7, 2018, was towed to a shipyard in Tuzla. As of October 28, 2019, the vessel has been stationary and awaiting the necessary repairs that are now hindered by the current financial challenges affecting its owner.