News

Sold to Breakers

The 'Marvin Faith' (IMO: 9820300) and the 'Marvin Confidence' have been arrested on Sep 28/29, 2020, in Rotterdam and were scheduled to be auctioned off. The crew had requested this because of approximately $328,000 in back wages. The auction was scheduled for Sep 24, 2021, but was canceled at short notice because an unknown amount of money had been deposited. The ships were in the same position as of May 15, 2025.

Sold to Breakers as is Singapore 410 USD/TO

The 'Marvin Faith' and the 'Marvin Confidence' (IMO: 9820295) have been arrested on Sep 28/29, 2020, in Rotterdam and were scheduled to be auctioned off. The crew had requested this because of approximately $328,000 in back wages. The auction was scheduled for Sep 24, 2021, but was canceled at short notice because an unknown amount of money had been deposited. The ships were in the same position as of May 15, 2025.

The Smyril Line has sold the 'Akranes' to Fred Olsen Express. The ship will be handed over to its new owner in Las Palmas on Gran Canaria in June or July. Next year, Smyril Line will take delivery of 2 newbuildings from a Chinese shipyard, one of which will replace the 'Akranes'. Until the newbuilding is delivered, the shipping company will charter the necessary replacement tonnage. Fred Olsen Express will deploy the 'Akranes', which will change its name to 'Breñas Cargo', on a route connecting La Palma with the islands of Tenerife, Gran Canaria, Fuerteventura and Lanzarote. The route is currently served by two ships that the shipping company took over from Finnlines last year, but will be expanded with the 'Breñas Cargo' once it is delivered.