Corporate Commercial Bank (Corpbank) has stopped the sales process of Bulgarian shipbuilder Rousse Shipyard West.

The BTA news agency said the creditor was not required to give a reason for its request, citing judge Ivan Hadjiivanov.

Bidding for the restructuring yard opened last month and was due to finish last week.

The starting price was BGL 32.27m ($19.54m).

Several buyers from Bulgaria and abroad had showed interest, Hadjiivanov said.