Sea King: sailor found dead four days after pirates

Christopher Cortez Cepradowas found dead last Wednesday, four days after pirates robbed the chemical tanker MT Sea King at anchor in the port of Benin's main city, Cotonou.

IMO number: 9326641
Flag: Marshall Island Call sign: V7OC7
Port of Registry: MAJURO Summer DWT: 13115.527 MT
Type of vessel: Built: Feb 21, 2008
Type of hull: Double Hull Owner: Sea King Shipholding, S.
Class Society: American Bureau of Shipping Operator: V.Ships Ltd.
V.Ships Ship Management
V.Ships is the world’s largest supplier of ship management services to a fleet of over 1000 vessels. The managed fleet comprises a broad range of vessel types including the three main asset classes, tankers, bulk carriers and containerships plus many specialized vessels including offshore vessels.

Final bids for V Ships, a ship-management business owned by Exponent Private Equity, are due June 16, a person familiar with the situation told Dow Jones Newswires Monday.

The auction is being run by investment bank Lazard Ltd. (LAZ) and has attracted several private-equity firms including Permira and Cinven Group, people said.

London-based Exponent bought V Ships for $338 million in March 2007, could fetch as much as $600 million, or 10 times earnings before interest, tax, depreciation and amortization of $60 million.

Since its formation in 1984, V Ships has expanded from servicing cargo vessels to providing services for cruise liners, ferries and large yachts.

The company is based in Douglas, Isle of Man, and operates through an extensive network of offices located primarily in Europe, Asia and the Americas. The network encompasses 70 offices and 35 countries with the principal places of business Monaco, Limassol, Singapore, Shanghai, Glasgow and London.

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