Ethiopia - landlocked since Eritrea won independence - put its navy up for auction Monday.
Most of the 16 naval vessels are anchored in the Horn of Africa port of Djibouti, a spokesman at Ethiopia’s Defense Ministry said.
Eritrea, which gained the coastline along with its independence in 1993, is expected to buy the fleet.
Twelve of the 16 vessels on sale were Swedish-made, including a 61-yard minesweeper and three missile launchers. The remainder are Russian-built.