Indonesia’s Attorney General’s Office has announced that it will auction the Iranian-flagged oil tanker MT Arman 114 along with its cargo of light crude oil on 30 January.
The decision comes after an earlier auction held in December 2025 failed to attract any buyers.
The MT Arman 114 is a Very Large Crude Carrier (VLCC) measuring more than 300 metres (984.25 ft) in length.
Indonesian authorities seized the vessel in 2023 in the North Natuna Sea, after suspecting it of carrying out an illegal ship-to-ship transfer of crude oil without the required permits.
According to the Attorney General’s Office, the tanker and its cargo, estimated at about 167,000 to nearly 170,000 metric tons, or roughly 1.25 million barrels, of light crude oil, will be sold together as a single package.
The auction will be conducted through the Batam office of the State Assets and Auction Service Office, with bids submitted
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