CYPRUS. Politics. Economy. Society. Sciences. certain of its affiliates have filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. The sale to Lion will be subject to approval of the bankruptcy court and may include a court-supervised auction. Cyprus-based shipping firm Primorsk International Shipping Ltd. will ask on Thursday for court approval of the sale of its nine-ship tanker fleet to the largest shipping company in Russia for $ These online auctions take place each week, with standard bidding beginning 24 hours before the close of each auction. Advance pre-bidding begins 7 days before the close of each online heavy equipment auction. Look for names like Caterpillar, Komatsu, Case, Deere, Volvo, Bobcat, Hitachi, Grove, Terex, and many others.