TMT ship on the block

A car carrier owned by Nobu Su's embattled Today Makes Tomorrow (TMT) is to be auctioned off next month in Antwerp, Belgium.

UK shop Clarksons has been appointed the exclusive broker for the sale of the 7,600-ceu C Ladybug (built 2011) on 12 June at the Crowne Plaza Hotel.

The ship is alongside at Antwerp, with inspections invited.

It has $55.3m in claims against it from six companies.

The vessel was one of three ordered arrested by US bankruptcy Judge Marvin Isgur on behalf of two Taiwanese lenders, Mega International Commercial Bank and Cathay United Bank.

TMT had been seeking to restart the vessels and put them into a liner service, as they had operated previously.

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