France has launched a second auction of a general cargoship seized in a drugs raid.
The 1,500-dwt Carib Palm (built 1977) failed to sell in January with a reserve price of EUR 600,000 ($631,500).
A new minimum price of EUR 250,000 has been set for a public auction on 23 March.
The vessel has been lying in Boulogne-sur-Mer since cocaine was found on board in December 2015.
French
