An elderly Greek-owned ropax that landed Greece’s shipping ministry in hot water back in July after it was deemed unseaworthy just before taking up a government subsidized interisland service is set to be auctioned on 12 October.

A minimum reserve price of €2.6m ($2.57m) has been set for Sea Speed Lines’ 12,300-gt ferry Olympus (built 1976), according to local media.

The vessel has been languishing in Piraeus since a fuel supplier lodged a €653,500m claim against the ship in July.