Worldport Corp of Hong Kong has lost its battle to prevent the auction of its only cruiseship, which is set to go under the hammer in Malaysia on 8 October.

The Admiralty Division of the High Court of Malaya Kuala Lumpur has ordered the 18,500-gt Oriental Dragon (built 1972) be sold via a sealed tender process.

Known in its heyday as the Sun Viking, it was one of a trio of cruiseships that launched Royal Caribbean.