An arrested Russian bulker is going under the hammer in the US.
The US Marshal is selling Murmansk Shipping's 23,600-dwt Pomorye (built 2007).
An independent valuation priced the vessel at $9.825m.
But the reserve price and opening minimum bid is $2.5m.
The sale is pursuant to a US court order made as a result of non-payment of a fee during a call in New Orleans last April.
The vessel was arrested there in May.
The auction will take place on 4 February at the district courthouse in New Orleans.
The company has been hit by a series of ship arrests, but has pledged to address all issues related to them.
In June, a court sale of a Murmansk cargoship was called off in South Africa after the Russian owner paid a debt.
Law firm Shepstone & Wylie told TradeWinds its client had been paid.
The South African high court had slapped a sale order on the 10,500-dwt Ivan Papanin (built 1990) that was holed off Antarctica in February.
It had been docked in Cape Town since April.
