MARINTRUST 01
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Salvaged wreck to be auctioned
The 'Marintrust 01', which had capsized in the port of Kolkata on March 24, 2022, and was refloated by the Gill Marines, which also retrieved the 165 containers within about five months, is being auctioned to settle a legal case. The auction followed a legal battle in a local court on a compensation issue. According to the order of the Admiralty Bench of the High Court at Calcutta dated June 28, 2023 and a modified Order dated Oct 5, the auction of is being arranged. The highest bidder will be strictly decided before the Admiralty Bench of the High Court at Calcutta on Nov 21.
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