Arrested Singapore-flagged tanker Sophie 9 will be auctioned Oct. 28 along with its cargo of 4,078 tonnes of marine fuel oil, according to Singapore's Supreme Court records.

The 2011-built, 6,141dwt vessel was arrested in June 2015 under the instruction of local law firm Rajah & Tann Singapore. The exact reason for the vessel's arrest is not known, but it is believed that it was detained because of a payment dispute.

According to IHS Maritime's Sea-web.com database, Sophie 9 is anchored at Singapore's Eastern Petroleum B Anchorage. The tanker is formerly owned by Singapore-based ship managing company DH Marine.

The vessel is valued at approximately US$8.33m by VesselsValue.com, while the net value of its bunker is SGD44,000 (US$31,500). The vessel's cargo is likely to fetch approximately SG$1.3m under the current market rate.

The court ordered that all interested parties be invited to bid for the vessel by private treaty. The bids for Sophie 9 must be submitted together with a deposit of SGD50,000 in favour of the Sheriff of Singapore.

In a separate development, Greek bulk carrier Maria was arrested Oct. 9, 2015 in Singapore under the instruction of local legal firm Joseph Tan Jude Benny.