M/V Moondy Bay sold at auction

1997 built 18K DWT bulk carrier M/V Moondy Bay sold at auction in Italy last week for $1.88 million. Greek Antares Ship Management was the manager and owner of M/V Moondy Bay. M/V Moondy Bay was arrested in December 2015 for financial debts and wages owing to the 22 crew members. Italian ship class RINA suspended the ship’s class in June 2015. Greek Antares Ship Management bought M/V Moondy Bay as M/V Bulk Sunset for $4.5 millionin 2013.