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ONLINE BOAT AUCTION
MAY 15-21, 2008

Lot 1- CS2005490900020001-002 & 004
CARGO VESSEL: M/V SEA ATLANTIC W/DOCUMENTS (CERTIFICATES EXPIRED), 1946, RETROFIT: 1976, BUILDER: TODD SHIPYARD, MANITOWC U.S.A., REGISTERED LENGTH: 50.59M, BEAM: 9.78M, DEPTH: 4.42M, CARGO HOLD: 7000 CUBIC FT, STRAIGHT FORE DECK: 167’ W/ANCHORING EQUIPMENT AND ACCESS TO FOREPEAK/CARGO HOLE, 2 REFRIGERATED CARGO HOLE W/4 HATCHES, ENGINE/MACHINERY COMPARTMENT LOCATED ON AFT SHIP SECTION UNDER AFTER SUPERSTRUCTURE, MAIN PROPULSION: CATERPILLAR, DIESEL, 16 CYLINDERS, 1,150HP, MODEL: D339/V, S/N: 91B1094, AIR STARTING, GENERATORS: CATERPILLAR, 6 CYLINDERS, 135KW, MODEL: SR4, S/N: M45BH3075, AIR START (1 EA) 155KW, MODEL: 41108, ELECTRIC START (1 EA), AIR COMPRESSOR: QUINCY, MODEL: 325-2.5 X 2.5, REMOVAL IS AT THE LIABILITY AND EXPENSE OF THE BUYER

PREVIEWS:
MAY 12-13, 2008
9:00 A.M.-4:00 P.M.
SOUTH PUERTO RICO TOWING
ROAD 127, KM 14.2
GUAYANILLA, PR 00656

 

 

PHOTO: Sea Atlantic freighter

 

 

TERMS OF SALE
Deposit: $5,000 cashier’s check made payable to VSE Corporation/U.S. Treasury. Deposit must include lot number or description of item buyer wishes to bid on along with a valid email address and phone number. All deposits must arrive no later than 5:00 p.m. CDT one day prior to Auction End date (which is May 20, 2008). Click here for the registration form (PDF file opens in new window). Unsuccessful bidder’s deposits will be returned within five (5) business days via FedEx.

Please send all deposits to:
Rick Levin & Associates
Attn: Dick Hall
1467 N. Elston, 2nd Floor
Chicago, IL 60622

Once deposit has been received, an email will be sent to the email address provided with a user name and password to access online bidding. VSE is not responsible for slow connection or loss of connectivity.

Auction Begins: May 15, 2008, 9:00 a.m. EDT
Auction Ends: May 21, 2008, 4:00 p.m. EDT

Please click here to view the auction

FINAL PAYMENT
Once auction has ended successful bidder must make final payment by May 23, 2008. Acceptable forms of payment will be cashier’s check (made payable to VSE Corporation/U.S. Treasury) or bank wire. Please note that bank wires may take up to 24 hours to process. Bank wire instructions will be provided to successful bidder(s) upon award of bid.

REMOVAL
Removal of property must be completed by May 29, 2008 and is at the expense and liability of the buyer. VSE offices will be closed May 26, 2008.

ADDITIONAL TERMS AND CONDITIONS
The preceding contains only selected Terms and Conditions of Sale. Complete Terms and Conditions are available online or may be requested by calling 888-534-2828 or by fax at 703-960-5789.

PHOTO: Envelope Click here for email updates

Last Updated: May 8, 2008

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