The Federal Court of Australia has issued further orders for the sale of the livestock vessel “Yangtze Fortune”, which has been arrested at Portland in Victoria.
Having given initial orders on December 20, 2022, that the “all but abandoned” ship be auctioned to recover unpaid funds, Federal Court Justice Stewart has issued further orders specifying that Australian Independent Shipbrokers (AIS) be appointed as brokers in the sale.
The sale is to be conducted by closed tender, with tender bids due by…