Qingdao Maritime Court will hold an auction to sell the 2008-built 57,000 dwt supramax bulker Blue Marlin 1 via online platform Taobao on April 10.
The starting price for the vessel is RMB49.5m ($7m), while VesselsValue’s valuation on the vessel is $7.4m.
The vessel is the last ship in the fleet of Greek owner Remi Maritime, run by the Polemis family. The vessel was detained by the court at the request of creditors of the company towards the end of 2018.
Another supramax vessel owned by the company, Blue Cat, was also sold in an court-led auction.