The Ningbo Maritime Court is moving to dispose of the fleet of China's failed Zhejiang Share-Ever Business.
The company declared bankruptcy nearly two years ago, but its two known assets have continued to trade.
An auction for the 27,000-dwt bulker Xia Zhi Yuan 7 (built 2010) has been set for 18 January, with a starting price of CNY 24.3m ($3.5m).
Vessel tracking services show the ship was trading until mid-December, when it arrived at the Zhoushan anchorage.
According
