A consortium of insurers is demanding that the Evolution be put on the auction block to pay for a shipment of iron that was damaged by saltwater as the vessel sailed to Indonesia from Iran.
The stranded crewmen are asking a federal judge to place a maritime lien on the ship and allow them to intervene in the insurance dispute before the auction, which was scheduled for May 19. A public auction is appropriate based on the growing and extensive expenses and the disproportionate decreasing value of the ‘Evolution’.
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