Entrusted by the transferor (the Sellers), we
have scheduled to hold an online public bidding on www.affordablecheapautoinsurance.com from 10:00
to 10:30 (Beijing Time) on October 19th, 2022.
1. Bidding
Object:
MV “TIAN YU 2”, Bulk
Carrier; Flag: China; Trading Range: A1+A2; Class: CCS; LOA: 157.50m; MLB:
25.00m; MLD: 12.70m; GRT: 13695; NRT: 7738 LDT: 5002t; DWCC: 22300t on 9.36m
Draft; M/E: 6UEC45LA *1 set, 4586kW@139rpm; Built Time: December 1st, 1989;
Builder: SAIKI JUKOGYOK K.K. (Japan)
(Data above
refers to the ship inspection certificates)
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 RMB 9.5 million, and
the bidding deposit is RMB 1 million (or USD 0.15 million). Bid Increment: a
multiple of RMB 0.02 million.
2.3 The bidding time will enter into Extension
Cycle since 10:25, October 19th, 2022 after the bidding officially starts. And
then the ending time will be refreshed every 5 minutes for each new bidding
price offered.
3. Registration Requirements:
Registration is available from the date of this
Announcement and ends on October 19th, 2022 (Beijing Time) before the auction
starts (subject to the receipt of bidding deposit, the completion of
online registration on the platform and the receipt of the bidding number. It
is recommended that bidders pay the deposit 1-2 days in advance in order to
avoid any issues). No registration will be accepted after the deadline. The
time of this auction activity shall be subject to Beijing time. This auction
accepts the natural persons with full civil capacity in China and corporation
or organization legally existing in and outside the People’s Republic of China to
participate in the auction
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
if possible), and please confirm with the bidding company for details.
Potential bidders shall inspect the Ship within the stipulated time. The risk
and expenses in relation to the inspection shall be borne by the potential
bidders. 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.
5. Account of
Bidding Company:
l Beneficiary: 浙江船舶交易市場有限公司
l Account
No.: 3309040160000036844
l Beneficiary Bank: 杭州銀行舟山分行
Potential bidders from overseas participating in
the auction shall pay USD 0.15 million as the bidding deposit. The bidding
deposit paid by the Buyers shall be automatically converted to the purchase
deposit and hold by the escrow account designated by the Bidding Company after
the completion of the bidding.
l Beneficiary: Zhejiang Shipping
Exchange Market Co., Ltd.
l Beneficiary
Address: 6th Floor, Zhoushan Bulk Commodity Exchange Center, No.555 Wengshan
Rd, Lincheng Zhoushan Zhejiang Province, P.R.China
l Account
No. : 3309040160000036851
l SWIFT
(Beneficiary Bank): HZCBCN2HZSB
l Beneficiary
Bank: Bank of Hangzhou Co., Ltd, Zhoushan Branch
l Beneficiary
Bank Address: No.619, Dingshen Road, Ganghang Building B Zone, Zhoushan city,
Zhejiang Prov. P.R. China
l Remittance
Reference: TIAN YU 2
6. Contacts:
Ms. Wen: +86-18058087023 / +86 580-2038333
Mr. Gao: +86-18058087033 / +86 580-2038333
Zhejiang Shipping Exchange
Market Co., Ltd.
Zhoushan Yi Ge Ship Auction
Co., Ltd.
September 23rd,
2022
Article 1 Bidding Rules is made by relevant laws, regulations and policies of the People's Republic of China 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. All the parties involved should abide by the Rules and bear legal responsibilities for their own behaviors.Disputes, if any, shall be settled by the parties through friendly negotiation. If the negotiation fails,parties concerned may file a lawsuit with the people's court where the auction organizer (Zhejiang Ship Exchange Co.,Ltd) 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 auction announcement and other documents are formulated by the auctioneer.
Article 5 The auction information including videos, pictures and written introductions offered by the Seller will be uploaded through the Shipbid system after verified by the auctioneer.
Article 6 The Seller shall take all the legal responsibilities and economic losses if he provides with fake information.
Article 7 The bidders couldn’t participate in the bidding activities until they register as the buyers through the Shipbid system.
The username 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 8 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 9 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 10 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 11 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 12 The bidder shall make a cautious bid, and the offer will be irrevocable once submitted.
Article 13 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 14 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 15 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 bidding becomes invalid or the final transaction fails because of the Buyers who provides the false registration documents, unilaterally violates the contract or regrets the bids, the bidding deposit remitted by the Buyers shall be the property of the Sellers. The Buyers shall pay the bidding commissions both for themselves and the Sellers(if any), and should make up the price difference if the final Purchase Price(via auction again) is lower than the first amount.
Article 16 The payment of balance shall be remitted to the nominated account in time according to the Purchase Confirmation.
Article 17 The Buyer should sign the Sale and Purchase Agreement by the Purchase Confirmation with the seller within the required time and make relevant transaction procedures.
Article 18 The auctioneer should publicize the bidding results through the Shipbid system after the bidding.
Article 19 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 20 The Buyer himself should register the lot and bear all relevant expenses occurred according to the regulations and policies during the transaction procedures.
Article 21 The bidding currency is CNY. Both the starting price and purchase price do not include the expenses and taxes occurred during transaction procedures.
Article 22 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 23 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 24 The auctioneer reserves the right to suspend or withdraw the bidding before it starts according to the laws and regulations.
Article 25 The auctioneer reserves the right to suspend or withdraw the bidding if force majeure or accident has caused the online auction to fail.
Article 26 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.
Article 27 If the bidding announcement, additional provision, inspection report or technical status report of the subject object is described and publicized in Chinese and English (or other languages), in case of contradiction or inconsistency, The Chinese version shall prevail.
Article 28 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 Co Ltd is responsible for the interpretation of the Rules.
1. This
additional provision is a supplement to the bidding announcement and rules,
which has the same legal effect.
2. Bidding Object:
MV “TIAN YU 2”,
Bulk Carrier; Flag: China; Trading Range: A1+A2; Class: CCS; LOA: 157.50m; MLB:
25.00m; MLD: 12.70m; GRT: 13695; NRT: 7738 LDT: 5002t; DWCC: 22300t on 9.36m
Draft; M/E: 6UEC45LA *1 set, 4586kW@139rpm; Built Time: December 1st, 1989;
Builder: SAIKI JUKOGYOK K.K. (Japan)
(Data above
refers to the ship inspection certificates)
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.
3.2 The
bidding deposits of the unsuccessful bidders shall be returned within
two (2) banking days after the bidding without interests.
4. Transfer
(Deletion) and Delivery of the Ship:
4.1 The Buyers
shall pay all the bidding service fee not later than 16:00 October 21st,
2022 (Beijing Time), and remit the balance of the purchase price, estimated ROB
charge and other payables (if any) to the escrow account designated by the Bidding
Company one (1) banking 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. (The bidding deposit paid by the Buyers shall
be automatically converted in to part of the purchase deposit)
4.2 The Sellers
(as the original ship owner) should complete all the deletion procedures
relating to the ship within ten (10) working days after signing PODA.
Notice of
Readiness shall not be tendered before: October 28th, 2022;
Cancelling Date:
November 23rd, 2022.
If the Delivery
indeed to be extended due to the influence of Novel Coronavirus Pneumonia or
other factors, the new Cancelling Date can be fixed when a mutual consent
reached 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 of Chinese coastal in the Sellers’ option. 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.
Once the bidders
complete the online registration and participate in the auction, 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. The bidders shall not object
to any defects, such as the quality, of the Ship for any reason.
The Buyers shall be deemed to have confirmed to accept the
ship’s condition if they did not inspect the ship.
5. Related
expenses:
5.1 Bidding
service fee: After the bidding, the Buyers shall pay the bidding company 1% of
the purchase price as bidding service fee.
5.2 The Sellers
would provide with commercial invoice of the purchase price and ROB charge. All
the taxes, expenses and costs incurred after the ship delivery shall be
borne by the Buyers themselves.
5.3 On delivery,
the Buyers and the Sellers shall take measurement of the remaining
bunkers and unused lubricating oils. 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 actual net price (exclude barging expenses)
as evidenced by invoices or vouchers; or if the invoices or vouchers are not
available, the Platts Sinopec price on the
delivery place on the one (1) business days prior to the date of delivery to be applied.
5.4 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 bidding company, the
Sellers and the Buyers.
Zhejiang Shipping Exchange
Market Co., Ltd.
Zhoushan Yi Ge Ship Auction
Co., Ltd.
September 23rd,
2022