A Remi Maritime-managed supramax arrested by the National Bank of Greece over outstanding debt is scheduled to go under the hammer in the country next month.
It is the latest in a string of moves by Greece's ailing lenders to clean up their portfolios.
The 57,000-dwt Blue Cat (built 2009) will be sold in an electronic auction on 5 June, according to a document posted last week on an official Greek auction website.