Namibia's high court is auctioning off two offshore support vessels controlled by India's Halani Shipping.
Exercising its Admiralty jurisdiction, the court said the 1,900-dwt accommodation unit Halani 1 (built 1980) was the subject of a court order on 29 March for a public sale.
No auction has yet been set. Bunkers are included in the sale.
The claimant is Indusind Bank.
VesselsValue estimates the ship is worth $0.58m.
The court has set 24 April as the date for the auction of the large 14,400-bp anchor-handler/diving support ship Ima Atisi (built 1982), meanwhile.
VesselsValue assesses this ship as worth $0.97m.
A court sales order was granted in December following a suit by bunker supplier KPI Bridge Oil.
Both vessels are laid up in Walvis Bay.
Mumbai-based Halani is listed with a fleet of 10 OSVs, five of which are in layup, according to Clarksons.
Last September, Indian media revealed some Halani crew had not been paid.
The Mid-day website cited Halani advisor Suresh Bhambhani as saying at the time: "We are facing a cash crunch and because of that, we've been facing these problems for the last two years.
"Since the last six to seven months, we have delayed the salary, but not on purpose. We're trying our best to pay the dues of our employees and also giving them food on board.
"In the future, we're also ready to sell our vessels to pay all dues."
The company has been contacted for further comment.
