Announcement
Entrusted by the transferor(the Sellers),we have scheduled to hold a public bidding online(www.shipbid.net)from 16:00 to 16:30(Beijing Time)on May 31st,2023.
1.Bidding Object:
All the information and data refer to the bidding object provided in this Announcement aswell as the attachments are for reference only.If there is any discrepancy,the class certificates and trading certificates and actual condition shall prevail.
2.Bidding Rules:
2.1 The bidding will be held with a reserved price.If there are less than two bidders participating in the bidding,the auction will be deemed as invalid after the expiration of the announcement period.If there are two or more bidders participating in the bidding,the potential transfer of the Ship will be carried out by auction.However,if the highest price offered by the bidder is lower than the reserved price,the auction will be deemed as invalid.
2.2 The starting price is USD 17.08 million,and the bidding deposit is USD 1.8 million(or RMB 12 million).Bid Increment is a multiple of USD 0.02 million.
2.3 The bidding time will enter into Extension Cycle since 16:25,May 31st,2023(Beijing Time)after the bidding officially starts.And then the ending time will be refreshed to 5 minutes once each new bidding price offered.
2.4 If the Buyers pay the deposit in US dollars when applying for the bidding,it will be automatically converted as part of purchase deposit after the bidding.If the Buyers pay the deposit in CNY,Buyers shall pay another USD 1.8 million separately to the bidding company’s designated US dollar account within 2 working days upon the completion of the bidding.The bidding company shall return the CNY deposit fully back to the Buyers within 1 working day after the receipt of the US deposit.
2.5 The time of this auction activity shall be subject to Beijing time.
3.Registration Requirements:
3.1 Registration is available from the date of this Announcement and ends on May 31st,2023(Beijing Time)before the auction starts(subject to the receipt of bidding deposit,the completion of online registration and the receipt of the bid number plate obtained on the platform.It is recommended that bidders pay the deposit 3-5 days in advance in order to avoid any issues).No registration will be accepted after the deadline.After successful registration,the bidders shall be deemed to have fully known,accepted and complied with the contents of this announcement,bidding rules,special provisions and relevant agreements.
3.2 Any corporation or organization with full capacity for civil conduct and legally existing in and outside the People’s Republic of China may participate in this bidding.
3.3 The bidders shall not subject to or affected by any sanction,embargoes,freezing provisions,prohibitions or other restriction relating to trading,doing business,investment,exporting,financing or making assets available(or other activities similar to or connected with any of the foregoing)imposed by law or regulation of the United Nations,the People's Republic of China,United States of America and European Union against any state,natural or legal person,body or entity and are capable of making the payments in US Dollars as required under this Agreement(When registration for bidding,the bidders shall provide supporting documents as required by bidding company,and supply additional evidence after bidding as required by the Seller and bidding company.)
3.4 The bidders shall submit the following documents for registration(including but not limited to):
3.4.1 For domestic bidders
●Copy of Business License sealed with the company chop
●Copy of Legal Person's ID card sealed with the company chop
●Power of Attorney(if have),and scanning copy of the authorized person's ID card with the company chop
●Undertaking for Bidding
●Bank slip of bidding deposit
3.4.2 For overseas bidders
●Certificate of Incorporation certified as true copy by the director
●Articles of Incorporation
●Copy of Director’s Passport
●Undertaking for Bidding
●Bank slip of bidding deposit
4.Date and Place for Inspection of the Ship:
Inspection time is to be determined(according to specific voyage and port arrangement,and we will issue the notice in advance),and please confirm with the bidding company for details.Potential bidders can inspect the Ship within the stipulated time.The risk and expenses in relation to the inspection shall be borne by the potential bidders.The bidding company and the Sellers shall only be responsible for coordination work.Potential bidders who fail to participate in the on-site inspection yet complete the registration procedure within the prescribed inspection time shall be deemed to have recognized and accepted the status quo and defects of the Ship,including but not limited to all known and unknown defects related to the ship certificates and the ship condition,etc.Potential bidders shall not object to defects,such as the quality,of the Ship for any reason.
5.Account of Bidding Company:
(1)USD Acct:
●Beneficiary:Zhejiang Shipping Exchange Market Co.,Ltd.
●Beneficiary Address:6th Floor,Zhoushan Bulk Commodity Exchange Center,No.555 Wengshan Rd,Lincheng Zhoushan Zhejiang Province,P.R.China
●Account No.:3309040160000036851
●SWIFT(Beneficiary Bank):HZCBCN2HZSB
●Beneficiary Bank:Bank of Hangzhou Co.,Ltd,Zhoushan Branch
●Beneficiary Bank Address:No.619,Dingshen Road,Ganghang Building B Zone,Zhoushan city,Zhejiang Prov.P.R.China
●Remittance Reference:TW JIANGSU
(2)CNY Acct:
●Beneficiary:浙江船舶交易市场有限公司
●Account No.:3309040160000036844
●Beneficiary Bank:杭州银行舟山分行
6.Contacts:
Ms Chen:+86 15958087305/0580-2038889
Mr Zhang:+86 15088890506/0580-2627109
E-mail:auction shipbid.net
Zhejiang Shipping Exchange Market Co.,Ltd.
Zhoushan Yi Ge Ship Auction Co.,Ltd.
April 27th,2023
Special Provisions
1.This additional provision is a supplement to the bidding announcement and rules,which has the same legal effect.
2.Bidding Object:
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The above data are recorded in the ship's inspection certificate.All the information and data provided in the Bidding Announcement,Special Provision,Technical Report as well as any other channel related to the Ship are for reference only.The bidding object is subject to the status at the time of delivery.If there is any discrepancy between the actual situation and the data above,the bidding and bidding price won’t be disturbed.once the bidding is concluded,the bidding company and the Sellers shall not assume any liability for defects or quality problems of the bidding ship.
3.After Bidding
3.1 Following a successful bidding,the Buyers shall send an Auction Confirmation to the Bidding Company on the same day(the“Bidding Day”)at the email address or facsimile number.The Buyers shall sign an original Auction Confirmation with the Bidding Company within two(2)Banking Days of the Bidding Day,and sign Memorandum of Agreement(hereinafter called“MOA”)and Escrow Agreement with the Sellers within five(5)Banking Days after signing the Auction /confirm/iation.
3.2 The bidding deposits of the unsuccessful bidders shall be returned within 2 working days after the bidding without interests.The bidding deposit paid by the Buyers will be automatically converted as the purchase deposit after the bidding without interests.
3.3 It is acknowledged that the interests-free dollar account designated by the bidding company is the escrow account for the Buyers and Sellers to hold and release the funds of the Purchase Price.The Escrow Agreement shall be signed at the same time as signing the MOA.After signing the Protocol of Delivery and Acceptance(PODA)and Joint Release Letter,the bidding company shall release all the purchase funds which received from the Buyers,including but not limited to purchase price,ROB charges and other delivery monies to the Sellers within 3 working days without interests.The bidding company shall not charge any additional fee for the escrow service of funds.
Considering the actual needs from the Buyers,the Sellers and the Buyers may agree Ince&Co Hong Kong as the Escrow Agent,all relevant costs will be borne by the Buyers.The bidding deposit paid by the Buyers is automatically converted as the purchase deposit after the bidding,which will not be transferred into Ince&Co Hong Kong’s account and will be released by the bidding company within 3 working days without interests upon the receipt of the Protocol of Delivery and Acceptance(PODA)and Joint Release Letter mutually signed by the Sellers and the Buyers.As for the balance of the purchase price,as well as ROB charges and other delivery monies shall be released by Ince&Co Hong Kong.
4.Transfer(Deletion)and Delivery of the Ship
4.1 The original ship owner(as the Sellers)should complete all the deletion procedures relating to the ship within 10 working days after signing PODA.
Notice of Readiness shall not be tendered before:June 20th,2023;
The latest Delivery Date:July 31st,2023.
If the Delivery indeed to be extended due to the influence of any force majeure factors,a new Cancelling Date should be fixed between the Sellers and the Buyers.
4.2 Delivery Place:Singapore–Japan range(including China)at Sellers’option.The Sellers shall provide the Buyers twenty(20),ten(10),five(5),three(3)days’notice with approximate delivery date and intended delivery place in advance,and provide one(1)day definite Notice of Readiness for delivery.The Sellers are not responsible for any time and cost for Buyers to take delivery of the Ship which shall be for the Buyers’account.
The ship shall be delivered and taken over as she was at the time of inspection,fair wear and tear excepted.However,the Buyers shall be deemed to confirm and accept the ship’s condition if they did not inspect the ship at the nominated time within the prescribed inspection time and the ship will be delivered and taken over as she was at the time of the latest inspection carried out by IDWAL before bidding,fair wear and tear excepted.
4.3 The MOA shall be signed as attached.In principle，no modification of the MOA will be allowed,except filling with the necessary information(e.g.Buyers'information,purchase price,etc.),or others terms mutually agreed between the Sellers and the Buyers.In the event of any conflict or ambiguity between MOA and this public notice(including the bidding Announcement,bidding rules,special provision,etc),the terms in such public notice shall prevail.
4.4 documents provided by the Sellers and the Buyers on Closing shall be refer to MOA.
4.5 Two attachments in total.Please download and check the details.
5.Related expenses
5.1 Bidding service fee:The Buyers shall pay the bidding company 1%of the purchase price as the service fee not later than 16:00 p.m.June 5th,2023(Beijing Time),and pay the balance of the Purchase Price,estimated ROB charge and other delivery monies(if any)to the escrow account nominated by the Sellers,at least two(2)working days prior to the Vessel’s expected delivery date.Any delay or failure to pay fees mentioned above shall be deemed as a breach of the Bidding Announcement and the MOA.
5.2 The bank charges related to the bidding deposit shall be borne by the bidders;and the bank charges related to the purchase price shall be borne by the Buyers.
5.3 The Sellers would provide with commercial invoice of the purchase price and ROB charges.All the taxes,expenses and costs incurred after the ship delivery shall be borne by the Buyers themselves.
5.4 The final quantities of remaining fuel oils,unused lubricating and hydraulic oils and greases in storage tanks and unopened drums shall be measured jointly and agreed by Sellers’and Buyers’representatives 1 day prior to the date of Delivery with an agreed allowances of consumption up to the time of closing/physical delivery.The Buyers shall take over remaining fuel oils and unused lubricating and hydraulic oils and grease in storage tanks and unopened drums and pay with the last actual net price(exclude barging expenses)as evidenced by invoices or vouchers;or if the invoices or vouchers of remaining fuel oils are not available,the Platts Singapore price on the 3rd business days prior to the date of delivery to be applied;or else if the invoices or vouchers of other non-fuel oil are not available,the selling price published by the same suppliers on the 3rd business days prior to the date of delivery to be applied.
5.5 Any taxes,fees and expenses in connection with the purchase and registration in the Buyers'Nominated Flag State shall be for the Buyers'account,whereas similar charges in connection with the closing of the Sellers’register shall be for the Sellers'account.The Ship with everything belonging to her shall be at the Sellers'risk and expense until she is delivered to the Buyers,while the Ship’s risk and expenses shall be for the Buyers’account after the delivery of the vessel.If there is any other terms agreed in the MOA,the MOA signed by the Buyers and the Sellers shall prevail.
6.This Announcement is described in both Chinese and English.In case of any discrepancy between the two languages,Chinese version shall prevail.
7.Matters not covered herein shall be settled through negotiation by the bidding company,the Sellers and the Buyers.
Zhejiang Shipping Exchange Market Co.,Ltd.
Zhoushan Yi Ge Ship Auction Co.,Ltd.
April 27th,2023
Note
The above information is reprinted from www.shipbid.net.In case of any inconsistency,the announcement on www.shipbid.net shall prevail.
