A single-decker general cargoship in the fleet of embattled Azeri-Turkish shipowner Mubariz Mansimov will be sold in an e-auction in Greece next month, court documents show.
The 6,900-dwt Nakhchivan (built 2005) is worth about $3.4m, according to estimates by VesselsValue. Greek authorities, however, have set the minimal reserve price at a much lower $567,000.
This is probably due to the vessel’s poor condition.
