Crew Reviews, Ratings & Info for Rose-Mann

In a significant move, NewLead Holdings announced its acquisition of Greece's Kritsas Shipping as of March 22, 2023. This deal involved a complete takeover of 100% of the share capital from Dimitrios Kritsas through a share transfer agreement, leading to the rebranding of the company to Newlead Shipmanagement SA. The acquisition also included two handymax bulk carriers, namely Aurora Onyx and Aurora Pearl, which are notable for their respective deadweight tonnages of 47,305 dwt and 46,709 dwt, built in 2002 and 2000. Notably, these vessels, along with their holding entities Onyx Corporation SA and Pearl Corporation SA, were purchased for a mere $1 each, as outlined in NewLead's financial results for the fiscal year 2015. However, NewLead's ownership of the Aurora Onyx was brief, as the vessel was arrested on April 15, 2023, due to defaulting on the terms of its mortgage agreement with HSBC, originally signed on November 23, 2010. The situation further escalated, with the Aurora Pearl also under a mortgage from HSBC. Following court proceedings, South African authorities ordered the sale of the Aurora Onyx on May 19, and the vessel was subsequently delivered to its new owners on May 25, 2023, according to statements from NewLead.