Credit Suisse is selling off two more bulkers from the fleet of Switzerland-based SAM Shipping in auctions to be held in Singapore and India.
The lender, which holds a mortgage on the ships, has brought in UK admiralty broker CW Kellock to conduct the sales of the 57,200-dwt SAM Jaguar and SAM Hawk (both built 2013).
The SAM Hawk was arrested at Mundra in India in May by the Swiss lender.
