An Italian court has begun the auction of the remaining fleet of bankrupt owner Rizzo Bottiglieri De Carlini Armatori (RBD Armatori).
A sales notice from the court of Torre Annunziata in southern Naples says the six aframaxes, three capesizes and four post-panamax bulkers will be offered at a starting price of $200m.
Sealed bids will be opened on 24 July.