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Union welcomes sale of impounded superyacht Indian Empress

Nautilus International has welcomed the court-ordered sale of the superyacht Indian Empress, which has been abandoned by its multi-millionaire owner since September last year.

Now the Union is seeking to ensure that the auction proceeds are promptly used to pay almost €250,000 in wages owed to the crew of the 95m superyacht, which was arrested in Malta in March on behalf of 13 creditors who are reported to be owed around €2m.

Nautilus has already secured the payment of four months’ unpaid wages – totalling more than US$615,000 – under the ‘safety net’ financial security provisions of the Maritime Labour Convention following negotiations with the insurers and managers of the superyacht, which was owned by Vijay Mallya – whose business empire includes Kingfisher beer.

Nautilus strategic organiser Danny McGowan commented: ‘This is a really significant milestone in this long-running saga and it demonstrates the importance of Nautilus membership for crews in this sector. We are working with our lawyers in Malta to ensure that the crew are paid all their outstanding wages as soon as possible. The sale proceeds must be deposited in court within the next seven days and the court will then arrange for the creditors – including Nautilus members – to be paid the sums they are owed.’

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First posted on www.nautilus.org

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