Another tanker that was previously managed by Marvin Shipping of Greece is about to be sold in an online auction, following a claim by its mortgagee.

The 158,000-dwt Marvin Star (built 2009) was arrested by the High Court of Namibia following an application by private-equity financier Wilmington Savings Fund Society FSB as collateral agent and ACT Maritime LLC.

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The lenders had provided a loan to the South Korean-built tanker's registered...