The UK auction of an arrested Indian platform supply vessel has been called off due to only one low bid being received.
The BBC reported that the 4,750-dwt GOL Offshore ship Malaviya Seven (built 1994) was to be sold on Tuesday in Aberdeen.
Auctioneer Dominic Daly was cited as saying the sole bid was at £300,000 ($395,000), when 24 crew are owed more than £600,000 after not being paid for a year.
