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    Current Location:Home>Others
    Remind: Your computer time may not be consistent with the bidding system, please bid earlier to avoid missing the bidding time.
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    Bidding Announcement of DH BLOSSOMING
    Bidding Ending Information
    2022-07-08 16:00
    2022-07-08 16:30
    Total Bid:
    1 times
    Final Price:
    Bidding Winner:
    Bidding Status:
    Starting Price:$18,500,000 USD
    Bid Increment:$20,000 USD
    Bidding Deposit:$1,000,000 USD
    Preemption Claimant:Yes
    Evaluation Price:Unrevealed
    Bidding Period:0.5 hours
    Extension Cycle:5 min/time
    Reserved Price:None
    Type: Others
    Bidding History(1)
    Status Bidder Price(USD)
    310 $18,500,000
    More Details
    Reserved price hasn't been reached.
    Ship name
    Type of vessel Oil and Chemical Carrier
    Entrust institution ZHEJIANG SHIPPING EXCHANGE Reference price(USD) 18500000
    State of the auction Auction date 2022-07-08
    Ship's classification ABS Length overall(m) 119.98
    Port of registry HONGKONG Length(m)
    Molded breadth(m) 18.50 Molded depth(m) 9.50
    Gross tonnage 6052.00 Deadweight/
    Reference capacity(t)
    Type of main engine 6UEC33LSE-C2 Total fixed power
    (KW / h)
    Shipyard Nantong Tongbao Shipbuilding Co., Ltd. Completion date 2018-06-20
    completion date
    Bidding Rules
    Special Provisions
    Technical Report
    Bidding History(1)

    Entrusted by the transferor (the Sellers),we have scheduled to hold a public bidding onlinewww.affordablecheapautoinsurance.comfrom 16:00 to 16:30 (Beijing Time) on July 8th, 2022. 


    1. Bidding Object:

    MV “DH BLOSSOMING”, Oil and Chemical Carrier; 

    IMO: 9813046;

    PoR: Hong Kong; Class: ABS;

    LOA: 119.98m; MLB: 18.50m; MLD: 9.50m;

    Summer DWT: 8705.5t;

    Design Draft: 7.363m

    GRT: 6052; NRT: 2710;

    M/E: 6UEC33LSE-C2*1 set, 3300kW@127r/min;

    Generators: Cummins K19-DM*3 sets, 507kW@1800r/min;

    Built Time: June 20th, 2018; 

    Builder: Nantong Tongbao Shipbuilding Co., Ltd.

     (Data above refers to the ship inspection certificates)

    Remarks: This ship is under navigation.


    2. Bidding Rules:

    There is no reserve price for this bidding. If only one bidder is collected, the bidder shall be identified as the Buyers; If there are two or more bidders participating in the bidding, the potential transfer of the ship will be carried out by auction.

    The starting price is USD 18.50 million, and the bidding deposit is USD 1.0 million (or RMB 7.0 million). Bid Increment: a multiple of USD 0.02 million.

    If the Buyers pay the deposit in US dollars when applying for the bidding, it will be automatically converted as part of purchase fund after the bidding. If the Buyers pay the deposit in CNY, Buyers shall pay another USD 1.0 million separately to our designated US dollar account within 2 working days upon the completion of the bidding.  We will return the CNY deposit fully back to the Buyers within 1 working day after the receipt of the USD deposit


    3. Registration Requirements:

    Registration is available from the date of this Announcement and ends on July 8th,2022 (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 1-2 days in advance in order to avoid any issues resulting in missing the auction). No registration will be accepted after the deadline.

    The time of this auction activity shall be subject to Beijing time. This auction only accepts legal persons or organizations that exist legally to participate in the auction.

    This bidding has preemption claimants. Even if the bidder is confirmed as the transferee in the bidding, the preemption claimants can still choose to exercise of the preemptive right based on the bidding result, the subject target will still be transferred to the preemption claimant on the same conditions.


    4. Date and Place for Inspection of the Ship:

    Inspection time and place: to be determined. Please contact us for details. Potential bidders may inspect the ship within the stipulated time. The risk and expenses in relation to the inspection shall be borne by the potential bidders 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: Zhoushan Yi Ge Ship Auction Co., Ltd.

     Beneficiary Add: 6th Floor, No.555 Wengshan Road, Zhoushan, Zhejiang, China

     Beneficiary's Account No.: 1206020129201407315

     SWIFT (Beneficiary Bank): ICBKCNBJZSC

     Beneficiary Bank: Industrial and Commercial Bank of China Zhoushan Branch

     Beneficiary Bank Address: NO.628 Dingshen Road, Lincheng District, Zhoushan,Zhejiang, China

     Remittance Reference: DH BLOSSOMING


    2) RMB Acct:

      Beneficiary: 舟山易舸船舶拍賣有限公司

    Account No.:  1206020119200768341

      Beneficiary Bank: 工商銀行舟山分行營業部


    6. Contacts:

    Mr Zhou: +86 18058087036 / +86-580-2038333;

    Mrs Ye: +86 18058087027 / +86-580-2027516;

    E-mail: auction@shipbid.net


    Zhejiang Shipping Exchange Market Co., Ltd.

    Zhoushan Yi Ge Ship Auction Co., Ltd

    June 10th,2022

    Bidding Rules

    Article 1 Bidding Rules is made by relevant laws, regulations and policies of our Country and with Shipbid practical situations, to standardize the bidding behaviors, maintain an open, fair and equal transaction order, and protect legitimate rights and interests for all the parties involved.


    Article 2 The Transaction Rules of the ship bidding (hereafter to be referred as bidding) is suitable for standardizing all the online bidding behaviors.Bidders shall have a comprehensive understanding of the bidding object before participating in the online bidding activity, accept the requirements and relevant terms for the transferee in the bidding, and shall not regret on the grounds that they do not know about the bidding object after bidding online, and bear legal responsibility for their own behavior. In case of any dispute, the bidder may file a lawsuit to the people's court in the place where the organizer is located.


    Article 3 All legal personalities, natural persons and other organizations in and abroad PRC can participate in the bidding only if they have the qualifications of the auction announcement except those provided by laws and regulations.


    Article 4 The information provided by the Sellers, including video, pictures and text introduction, will be sorted out by the organizer and uploaded through the online auction system, which is only for the reference of the bidder and does not constitute any guarantee of the bidding object.


    The Seller shall take all the legal responsibilities and economic losses if he provides with fake information.


    Article 5 The bidders couldn’t participate in the bidding activities until they register as the buyers through the Shipbid system. 


    The accounts and passwords should be kept safely. If forgotten, bidders could retrieve through the Shipbid system. And if divulged, bidders should login in time to change the passwords.


    Article 6 Before submitting the application for the bidding, the bidders should carefully read the auction announcement, ship’s information, transaction rules and other relevant documents, then login the Shipbid system to fill in true and effective information as required.


    Article 7 The bidders should submit the applications in accordance with the auction announcement before the Shipbid starts.


    If legal personalities, natural persons and other organizations need joint-bidding, they should fill in related information and the proportion of capital contribution of each party as required and sign the Joint Bidding Statement.


    Article 8 The bidders apply on the Shipbid system by themselves, and pay the deposit either on line or offline. One deposit is only for one lot. And if the bidders want to bid several ships at the same time, corresponding deposits are required.


    The bidders are entitled to bid only if the deposit fully paid to the nominated account (based on the arrival time of the deposit within the required time. The bidders shall not be eligible for bidding if the deposit is delayed or not fully paid on time.


    Article 9 The bidding shall be conducted with time limit. Qualified bidders can participate in the bidding. The initial offer shall not be lower than the starting price and each offer shall be no less than the specified bid increment.


    If it is an auction with reserve price, “YES” will be revealed in the system. Otherwise it will display “NULL”.


    Article 10 The bidder shall make a cautious bid, and the offer will be irrevocable once submitted.


    Article 11 The last limited time of the Shipbid is FIVE (5) minutes. If there is a new bid within 5 minutes countdown, another 5 minutes will be set.


    No new offers would be accepted after the final countdown, and the bidding history will be revealed.


    Article 12 Once there is/are (a) bidder offer(s) in the Shipbid, the target bidder (hereinafter called the Buyer) shall be confirmed in accordance with the following rules


    (1) Where there is no reserve price, the highest bidder would be the Buyer.


    (2)Where there is a reserve price, the bidder with the highest offer and not lower than the reserve price would be the Buyer; If the highest offer is lower than the reserve price, the bidding will be pass.


    When the time for the bidding is over, the bidding system will be automatically closed.


    Article 13 The Buyer should confirm his qualification with the enterprise or individual valid certification to the auctioneer within 2 working days after the bidding. After verification and confirmation, the Buyer should sign the Purchase Confirmation. If the buyer fails to sign the Auction Transaction Confirmation for reasons, the auction result shall not be affected.


    If the buyer fails to pass the qualification due to submitting false registration materials, the bidding result is invalid or the buyer breaches the contract, he shall pay the bidding service fee of both the buyers and the sellers; If the price of the re-auction is lower than the transaction amount, the buyer must make up the difference.


    If the bidding is completed, but the transaction is suspended or terminated, if there is a dispute between the buyer and the seller, the auction deposit shall be properly kept by Zhejiang Shipping Exchange Market until it is paid according to the settlement agreement between the two parties or the effective court judgment or the ruling of the arbitration institution.


    Article 14 The balance shall be remitted to the nominated account in time according to the Purchase Confirmation.


    Article 15 The Buyer should sign the Sale and Purchase Agreement with the seller within the required time and make relevant transaction procedures.


    Article 16 After paying the balance, the Buyer himself should handover the lot and manage the transaction procedures in time. If the Buyer fails to manage within required time, he himself should pay the costs caused by the delay and afford the consequences of possible damage or losses.


    Article 17 The Buyer himself should register the lot and bear all relevant expenses occurred according to the regulations and policies during the transaction procedures.


    Article 18 The bidding currency is US dollar. Both the starting price and purchase price do not include the expenses and taxes occurred during transaction procedures.


    Article 19 If the bidder obstruct others to bid, manipulate or monopoly the bidding price, or make malicious collusion, the auction will be cancelled once above behaviors are found, and relevant legal responsibility will be borne by the bidder.


    Article 20 If the bidder cannot normally login the Shipbid system to apply, offer or bid because of following reasons such as virus invasion, hardware failure, network congestion or passwords forgotten and divulge, etc., he himself should bear the consequences and the bidding will not be suspended.


    Article 21 The auctioneer reserves the right to suspend or withdraw the bidding before it starts according to the laws and regulations.


    Article 22 The auctioneer reserves the right to suspend or withdraw the bidding if force majeure or accident has caused the online auction to fail.


    Article 23 If the service of the Website is abnormal or the auction activity is interrupted due to force majeure or a third party, the trustee and the organizer shall not assume any responsibility. After that, the organizer will issue a supplementary announcement and explain the cause of interruption until a new auction announcement is issued after the website service is restored to normal, and the online auction will be organized according to the new auction announcement.


    Article 24 These rules are general rules for online auction transactions of ships. In case of any conflict with the announcement or agreement of a single item, the terms of a single item shall prevail.


    Article25 Bidding announcement, additional provision and other contents are described both in Chinese and English. In case of any discrepancy between the two languages, Chinese shall prevail.


    Article26 The time concerned in the bidding all depends on Shipbid system service time, except the deposit arriving time which depending on the bank recording time. All the time of information arriving is subject to the time when the information received by Shipbid.


    Zhejiang Shipping Exchange Market Co Ltd is responsible for the interpretation of the Rules.



    Special Provisions

    1. This additional provision is a supplement to the bidding announcement and rules, which has the same legal effect.


    2.  Bidding Object:

    MV “DH BLOSSOMING”, Oil and Chemical Carrier; 

    IMO: 9813046;

    PoR: Hong Kong; Class: ABS;

    LOA: 119.98m; MLB: 18.50m; MLD: 9.50m;

    Summer DWT: 8705.5t;

    Design Draft: 7.363m

    GRT: 6052; NRT: 2710;

    M/E: 6UEC33LSE-C2*1 set, 3300kW@127r/min;

    Generators: Cummins K19-DM*3 sets, 507kW@1800r/min;

    Built Time: June 20th, 2018; 

    Builder: Nantong Tongbao Shipbuilding Co., Ltd.

     (Data above refers to the ship inspection certificates)

    Remarks: This ship is under navigation.


    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 information and data above shall not affect the bidding and bidding price. Once the bidding is concluded, the Sellers and we 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 MOA with the Sellers within three (3) Banking Days after bidding.

    3.2 The bidding deposits of the unsuccessful bidders shall be returned within 2 working days after the bidding without interests. The bidding deposit of the Buyers will be automatically converted as part of purchase fund after the bidding without interests.

    3.3 It’s acknowledged the interests-free USD account designated by us shall be the escrow account to hold and release the bidding deposit. After signing the Protocol of Delivery and Acceptance (PODA), we will release the bidding deposit (after deducting the service fee) received from the Buyers to the Sellers within 3 working days without interests. We will not charge any additional fee for the above escrow service.


    4. Transfer (Deletion) and Delivery of the Ship

    4.1 The Buyers shall remit the balance of the Purchase Price, estimated ROB charge and other delivery monies (if any) to the Sellers’ nominated account, at least TWO (2) working days prior to the Ship’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.

    4.2 The original ship owner (as the Sellers) should complete all the deletion procedures relating to the ship within 20 working days after signing PODA.

    Notice of Readiness shall not be tendered before: August 1st ,2022; 

    Cancelling Date: August 15th, 2022.
    If the Delivery indeed has to be postponed due to the influence of Novel Coronavirus Pneumonia or other force majeure factors, a new Cancelling Date should be fixed between the Sellers and the Buyers.

    4.3 Delivery Place: The ship shall be delivered and taken on an “as is where is” basis, as she is and where she is at the time that the Buyers take delivery at one safe port or anchorage or pilot station within Singapore – Japan range at Sellers’ option. The Sellers shall send the notice with intended delivery time and place 15 days in advance. 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 Buyers shall be deemed to confirm accept the ship’s condition if they did not inspect the ship at the nominated time within the prescribed inspection time. 

    4.4 The sales and purchases contract (MOA) will be negotiated, revised and signed based on SALEFORM 2012 made by Norwegian Shipbrokers’ Association. If there is any conflict or ambiguity between the SALESFORM 2012 and the contents of this Announcement, the contents of this Announcement shall prevail.

    5. Related expenses

    5.1 Bidding service fee: After the bidding, the Buyers shall pay bidding service fee to us. The service fee rate shall be referred to UNDERTAKING of BIDDING as attached in the Bidding Announcement.

    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 only. All the taxes, expenses and costs incurred after the ship delivery shall be borne by the Buyers themselves.

    5.4 On delivery, the Buyers and the Sellers shall take measurement of the remaining fuel oils, bunkers and unused lubricating The Buyers shall take over remaining bunkers 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 are not available, the Platts Singapore price on the 4th business days prior to the date of delivery to be applied.

    5.5 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 under this Agreement.


    6. Matters not covered herein shall be settled through negotiation by the Sellers, the Buyers and us. 


    Zhejiang Shipping Exchange Market Co., Ltd

    Zhoushan Yi Ge Ship Auction Co., Ltd

    June 10th,2022


    Technical Report

    Bidding History
    Status Bidder Price(USD) Time
    $18,500,000 2022-07-08 16:05:00
    The online ship auction doesn't declare or guarantee the correctness or reliability of any information published on the website;The risk caused that you accept and acknowledge this information shall be borne by yourself. The online ship auction has the right but not obligation to improve or correct any errors or misunderstandings on any part of the information published.
    Account of Bidding Company
    Home??|??Judicial??|??State-owned??|??Others??|??Bidding Announcement
    TEL:+86(580)2038333; FAX:+86(580)2027516
    E-mail: auction@shipbid.net
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