The Asset Recovery and Management Agency (ARMA) of Ukraine has announced that Dutch auction house Troostwijk Auctions will be responsible for the sale of the 92.5-metre Royal Romance. The decision was made by vote during a meeting of the Commission today (23 April).
The decision to sell Royal Romance was described as "truly historic" by Grigol Katamadze, ARMA's deputy head for European integration, and will mark the first example of the sale of seized assets located abroad.
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