The state asset management office DUUDIsaid binding bids will now be sought, with the company opened up for duediligence.

The tender to sell a 70.03% slice of theowner was opened in February.

Rival Croatian owner Tankerska Plovidba hasalready said it will bid.

Split-based Jadroplov has eight handysizesand supramaxes built between 1997 and 2010, plus four 37,000-dwt ships on orderat the domestic 3 Maj yard for delivery in 2016 and 2017.