Karatzas Marine Invites Offers for Modern, 82,000-bbl Jones Act Tank Barge 'unrestricted service'

Karatzas Marine Advisors Invites Offers for Modern, Well-maintained

82,000-bbl Jones Act Tank Barge “DBL 79”

New York City, New York, January 11th, 2021: Karatzas Marine Advisors & Co., acting as Exclusive Shipbroker / Shipbroker of Record on behalf of the Sellers, is pleased to invite buying interest and offers for the 82,000-bbl Jones Act Tank Barge “DBL 79”, presently located in Washington State. As per Mandate, the sale process is to proceed as expediently as possible but in a manner maximizing value for the Sellers; interested parties are invited to inspect and submit offers by the second half of February 2021, tentatively, as outlined in the “Terms of Sale”.

Information on the Asset can be found online at www.karatzas.auction under “Transactions” tab for Tank Barge “DBL 79” (https://www.karatzas.auction/jones-act-tank-barge-dbl79-karatzas). The Sale of the Asset will be undertaken under the “Terms of Sale” and the contemplated “MOA for Sale and Purchase of DBL 79”, both documents made available online on same website. Extensive gallery of recent photographs of the Asset have been also posted online, including photographs of cargo tanks taken in late 2019; likewise for Certificate of Documentation, Class Certificate, General Arrangement. Drawings, Piping System Drawings, and a recent Independent Condition Survey Report can also be found online for registered “Members” of the website Karatzas Auction under “Documentation”, and also are available, upon request, to interested parties via email at < info@BMKaratzas.com >.