An arrested Russian bulker is going under the hammer in the US.

The US Marshal is selling Murmansk Shipping's 23,600-dwt Pomorye (built 2007).

An independent valuation priced the vessel at $9.825m.

But the reserve price and opening minimum bid is $2.5m.

The sale is pursuant to a US court order made as a result of non-payment of a fee during a call in New Orleans last April.