An as-yet undisclosed Turkish buyer submitted the winning bid for an arrested multipurpose vessel linked to the Tulshyan Group of Singapore during an online auction held by South African auctioneers Solution Strategists last Thursday.
The 8,200-dwt Ekarma (built 2011), which has been under arrest in Cape Town since March, was sold for $2.3m.
That price is half the trading value of $4.8m
