Credit Suisse is trying to force the sale of an Efploia Shipping bulker in Namibia.
The country's high court said in a notice that it is inviting interested parties to make submissions as to why a disposal order should not be made for the 83,000-dwt Maverick Guardian (built 2012).
They have until 7 October to make representations.
A sale will be carried out by private treaty if the order is made.
Proceeds