Bids are due in by 30 December as UK shipbroker CW Kellock kicks off the auction of an arrested Hermes Marine Management VLCC in Singapore.
The High Court of Singapore ordered the sale of the 320,000-dwt Chloe V (built 2011) in November, but no date was set.
CW Kellock said it had been exclusively retained by the mortgagees to carry out the auction.
