A detained Murmansk Shipping bulker has been sold for scrap at auction in the UK.

TradeWinds understands a buyer from the British Virgin Islands is in talks with the Maritime & Coastguard Agency over safely removing the 19,900-dwt Kuzma Minin (built 1980) for recycling.

The UK Admiralty Marshal has received $1m for the ship after a legal action was launched by Glander International Bunkering.