A Chinese-owned livestock carrier deemed abandoned by its owners in Australia is to be sold by the Federal Court of Australia.
Justice J Stewart, in a ruling issued on Tuesday, said that Soar Harmony Shipping, the registered owners of the 11,670-gt Yangtze Fortune (built 2005), had not provided any affidavit or submissions opposing the judicial sale of the vessel, and had not appeared at the hearing, despite being given ample time to do so.
