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Shipspotters all over the world => Shipping News and information => Topic started by: Clive Harvey on December 19, 2020, 10:51:17 PM

Title: Satoshi concept fails
Post by: Clive Harvey on December 19, 2020, 10:51:17 PM
It looks as if Satoshi could be scrapped alongside her sister..

The blog post on the owners website is below, with a word of warning that some people may be a bit shocked by the tone of the blog wording as it blames everyone but themselves.

https://vivavivas.com/2020/12/19/ms-satoshis-journey-coming-to-an-end/
Title: Re: Satoshi concept fails
Post by: Paul Finnigan on December 19, 2020, 11:35:42 PM
 Strange way how they compare a ship with a engine with :o 
Title: Re: Satoshi concept fails
Post by: Angelgreat on December 20, 2020, 12:14:02 AM
Well, it looks like Satoshi will join her sister ship Karnika at Alang, India. It's sad that she won't be saved, but I was always suspicious about the concept for her.
Title: Re: Satoshi concept fails
Post by: Angelgreat on December 20, 2020, 04:38:35 AM
I just realized that the scrapping of Karnika and Satoshi will mark the first time that a former purpose-built Princess Cruises vessel has been scrapped. Sad, but notable.
Title: Re: Satoshi concept fails
Post by: lappino on December 20, 2020, 05:30:00 AM
She was a very short lived venture (as the MS Satoshi, anyway)...
Title: Re: Satoshi concept fails
Post by: Stephen Chester on December 20, 2020, 06:58:25 AM
I was on her last cruise as Regal Princess when we sailed from Los Angeles to Sydney in 2007.
Title: Re: Satoshi concept fails
Post by: Angelgreat on December 20, 2020, 04:05:34 PM
Well, Satoshi has been confirmed to been sold for Scrap in Alang.

https://www.cruiseindustrynews.com/cruise-news/24076-crypto-cruise-ship-project-dead-ship-sold-for-scrap.html
Title: Re: Satoshi concept fails
Post by: Angelgreat on December 21, 2020, 06:48:52 PM
Satoshi is approaching the Panama Canal. After she sails thru it, she will continue to Alang.
Title: Re: Satoshi concept fails
Post by: Angelgreat on December 30, 2020, 08:42:10 PM
Update, she hasn't sailed thru the canal yet. I'm not sure if the vessel needs approval or is waiting for other vessels, but she is in the same place as last week.
Title: Re: Satoshi concept fails
Post by: Angelgreat on February 07, 2021, 03:32:46 AM
Why is Satoshi still in Panama? Haven't they sold her for scrap in Alang? Are they waiting to tow her thru the canal or are they going to pull a Ocean Dream and let her sink there!?
Title: Re: Satoshi concept fails
Post by: Tuomas Romu on February 07, 2021, 10:54:01 AM
It has been just a week since the last time the vessel sailed under its own power. They are probably just waiting for a slot to transit through the canal.
Title: Re: Satoshi concept fails
Post by: citroncore on February 07, 2021, 11:33:46 AM


She maybe under arrest,  (No Confirmation ) She went alongside Colon last week taking bunkers.
Title: Re: Satoshi concept fails
Post by: davidships on February 14, 2021, 12:09:59 AM
SATOSHI made another call at Cristobal on 12/2, perhaps for dirty water discharge. Now back at anchorage.
Title: Re: Satoshi concept fails
Post by: davidships on February 16, 2021, 10:26:03 PM
SATOSHI stretching her legs heading NW from her anchorage at 10kn - but apparently due back at Colon tomorrow.
Title: Re: Satoshi concept fails
Post by: Angelgreat on February 16, 2021, 10:28:52 PM
SATOSHI stretching her legs heading NW from her anchorage at 10kn - but apparently due back at Colon tomorrow.

I fear that they're letting Satoshi rot in Panama. If they wan't to take her to Alang faster, they could also go around South America to take her to Alang or just pull a Ocean Dream and do that as well.
Title: Re: Satoshi concept fails
Post by: davidships on February 16, 2021, 10:40:36 PM
So far as I can see, the only people who have said that SATOSHI has been sold for scrap at Alang are the strange people behind the project - who appear not to have done their homework properly in the first place. I suspect they are lying low while lawyers circle with claims from (perhaps a few) disappointed investors.  We don't know who "they" are at the moment, though crew and fuel are presumably being paid for.  Let's just see.
Title: Re: Satoshi concept fails
Post by: liming on February 28, 2021, 09:47:02 PM
Hi all,

SATOSHI is now leaving Colon with destination Malta ETA 23.03.
Letˋ s see what will happen next. Aliaga, Alang or working as a cruise ship again...

Best regards from Hamburg

Jan
Title: Re: Satoshi concept fails
Post by: MO Roy on March 01, 2021, 01:14:39 AM
Saw her at Manzanillo two days ago:

http://www.shipspotting.com/gallery/photo.php?lid=3263708

She looked rather shabby.

Cheers,
Roy
Title: Re: Satoshi concept fails
Post by: Angelgreat on March 01, 2021, 04:37:05 AM
It seems like they didn't let her thru the Panama Canal, so they're taking a different route to Alang. Regardless, her condition looks sad. With the pandemic, it's not likely that she can sail again.
Title: Re: Satoshi concept fails
Post by: Angelgreat on March 03, 2021, 08:19:52 PM
Her AIS destination shows Marsaxlokk, Malta. So maybe she'll stop there to refuel before continuing to Alang.
Title: Re: Satoshi concept fails
Post by: pieter melissen on March 04, 2021, 08:30:27 AM
I hope the owners still have enough "ancient forms of money" to pay for the travel cost to wherever she will end.
Title: Re: Satoshi concept fails
Post by: Brett Moore on March 04, 2021, 06:04:20 PM
A tad inappropriate and shortsighted @Pieter ????? I refer to yr comment............
Title: Re: Satoshi concept fails
Post by: davidships on March 27, 2021, 12:09:47 PM
SATOSHI arrived Bar, Montenegro this morning, after apparent bunkering stop off Malta.
Reported - but only I think from the bitcoin owners, Ocean Builders, and not confirmed in the market - that she is sold to "a cruise company", and will be laid up at Bar.  No sign of new owners yet on Equasis.
Title: Re: Satoshi concept fails
Post by: hecarmi on March 27, 2021, 01:41:29 PM
Her class society states the owner as Wake Asset Co Ltd, which are rumoured to have Greek interests behind it. Although the market gossip is denying that Iliopoulos/Seajet bought the vessel, everything else seems uncertain for the moment. Even a demolition sale could still be on the cards.

Brgrds,
Herbert
Title: Re: Satoshi concept fails
Post by: Angelgreat on March 27, 2021, 02:14:11 PM
Well, her sister ships Columbus and Karnika have already been sold for scrap to Alang, India, so I think it's likely that Satoshi will join her sisters on the beaches of Alang.
Title: Re: Satoshi concept fails
Post by: Clive Harvey on March 29, 2021, 10:06:13 PM
Reports are coming in that Satoshi has in fact been sold to a new start-up cruise company. That's all the information that I have at the moment on this. It would be nice to think that she may yet escape the breakers and live on to cruise again.
Title: Re: Satoshi concept fails
Post by: Angelgreat on April 11, 2021, 06:02:28 PM
I'm starting to suspect that Satoshi was bought by SeaJets.
Title: Re: Satoshi concept fails
Post by: davidships on April 12, 2021, 01:03:41 PM
Doesn't follow the SeaJets pattern - park in Greece, single-ship company managed by SeaJets, Piraeus.
Albania may indeed be next door to Greece, but Bar is not easy-access from Piraeus.  The new owner, is BVI-registered Wake Asset Co Ltd, is c/o Columbia Cruise Services, Cyprus

There was idle speculation about SeaJets weeks ago, based only on a rumour of Greek backing, but also a denial. Of course it cannot be completely excluded.
https://www.tradewindsnews.com/cruise-and-ferry/cruise-start-up-saves-ocean-builders-satoshi-from-a-date-with-shipbreakers/2-1-987854 (https://www.tradewindsnews.com/cruise-and-ferry/cruise-start-up-saves-ocean-builders-satoshi-from-a-date-with-shipbreakers/2-1-987854)

Have you seen something more recent that indicates a SeaJets connection?
Title: Re: Satoshi concept fails
Post by: Angelgreat on April 12, 2021, 03:48:06 PM
Doesn't follow the SeaJets pattern - park in Greece, single-ship company managed by SeaJets, Piraeus.
Albania may indeed be next door to Greece, but Bar is not easy-access from Piraeus.  The new owner, is BVI-registered Wake Asset Co Ltd, is c/o Columbia Cruise Services, Cyprus

Have you seen something more recent that indicates a SeaJets connection?

Well, SeaJets bought and resold her sister ship Columbus for scrap to Alang, India after their other sister ship Karnika was also sold for scrap, so I think it's likely that Satoshi was bought by SeaJets just so she could also be scrapped alongside her sister ships.
Title: Re: Satoshi concept fails
Post by: Brett Moore on April 12, 2021, 06:02:57 PM
Highly likely...in fact an eventuality waiting to happen..