Entrusted by the transferor (the Sellers), we
have scheduled to hold an online public bidding on www.affordablecheapautoinsurance.com from 16:00
to 16:30 (Beijing Time) on May 25th, 2022.
1. Bidding Object:
MV“YI HE 3”, Sand Carrier;
IMO: 9792369; Flag State: Panama; Class: CCS; LOA: 138.00m; MLB: 26.00m;
MLD: 8.80m; Design draft: 6.20m; Summer DWT: 12636.2t; GRT:10643; NRT:3192;M/E: Ningbo
C.S.I. G8300ZC30B/G8300ZC31B, 2206kW*2@600rpm;Generators: Ningbo C.S.I. N6160ZLCD6*3
sets, 294kW@1000rpm; Built Time: June 7th, 2016; Builder: Zhejiang Hongsheng
Shipbuilding Co., Ltd (Data above refers to the ship inspection certificates)
The ship is on voyage, and the NOx emission level is Tier II.
2. Bidding Rules:
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 bidding will be deemed as invalid.
The starting price is USD 4.5 million, and the bidding
deposit is USD 0.45 million (or RMB 3 million). Bid Increment: a multiple of
USD 0.02 million.
Registration is available from the date of this Announcement
and ends on May 25th, 2022(Beijing Time) before the bidding starts (subject to
the receipt of bidding deposit, the completion of online registration and the
receipt of the bid number obtained on the platform. It is recommended to pay
deposit 1-2 days in advance in order to avoid any problems). No application
will be accepted after the deadline. The time of this bidding activity
shall be subject to Beijing time. This bidding accepts the application of legal
entity or organizations incorporated in and outside China.
4. Date and Place for Inspection of the Object:
The potential bidders are invited to inspect the bidding
object at Zhoushan Port with the time is to be determined (we will issue the
notice in advance if possible). Please contact 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
5. Account of Bidding Company:
(1) USD Acct:
Bank: Bank of Hangzhou Co., Ltd, Zhoushan Branch
Bank Add: No.619, Dingshen Road,
Ganghang Building B Zone, Zhoushan city, Zhejiang Prov. P.R. China
SWFIT Code: HZCBCN2HZSB
Beneficiary: Beneficiary: Zhejiang Shipping
Exchange Market Co., Ltd.
Beneficiary add.: 6th Floor, Zhoushan Bulk
Commodity Exchange Center, No.555 Wengshan Rd, Lincheng Zhoushan Zhejiang
Province, P.R. China
Remittance Reference: YI HE 3
(2) CNY Acct:
lAccount No.: 1206020109200087908
lBeneficiary Bank: 工商銀行舟山分行營業部
Mr Gao: +86 18058087033 / +86-580-2038333；
Ms Ye: +86-580-2027516；
Zhejiang Shipping Exchange Market Co., Ltd.
Zhoushan Yi Ge Ship Auction Co., Ltd.
May 11th, 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.
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 US dollar. 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
rules and has the same legal effect as the bidding rules.
2. Bidding Object:
MV“YI HE 3”, Sand Carrier;
IMO: 9792369; Flag State: Panama; Class: CCS; LOA: 138.00m; MLB: 26.00m; MLD: 8.80m;
Design draft: 6.20m; Summer DWT: 12636.2t; GRT: 10643; NRT: 3192; M/E: Ningbo C.S.I.
G8300ZC30B/G8300ZC31B, 2206kW*2@600rpm; Generators: Ningbo
C.S.I. N6160ZLCD6*3 sets, 294kW@1000rpm; Built Time: June 7th, 2016; Builder: Zhejiang Hongsheng Shipbuilding Co., Ltd (Data
above refers to the ship inspection certificates)
Remarks: The ship is on
voyage, and the NOx emission level is Tier II.
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 inspection. 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
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 courier six of original
Auction Confirmation to the Bidding Company within two (2) Banking Days after
the Bidding Day.
3.2 The Buyers shall sign the MOA with sellers
within nine (9) banking days after bidding.
3.3 The bidding deposits of the
unsuccessful bidders shall be returned within two (2) banking days after the
bidding without interests.
3.4 The domestic
Buyers who purchase the bidding object shall appoint the Agent nominated by the
bidding company for import issues of the bidding object. The expense required
for import procedures shall be borne by the Buyers, and the Seller shall assist
in handling relevant import documents.
3.5 It’s acknowledged the 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
bidding company shall release the purchase price, ROB charge and other payables
to the sellers within three (3) banking days after receiving the PODA and
release instruction signed by both parties. The bidding company shall not
charge any additional fee for the escrow service of funds, and all funds logging
into the escrow account have no interest. If other Third
Party proposed by the Buyers and agreed by the Sellers as the Escrow
Agent, all relevant costs will be borne by the Buyers.
4. Transfer (Deletion) and Delivery of the Ship:
4.1 The Buyers shall pay all the bidding service fee not
later than 16:00 May 27th, 2022 (Beijing Time), and remit the balance of
the purchase price, estimated ROB charge and other payables (if any) to the
escrow account two (2) 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.
4.2 The original ship owner (as the Sellers) should complete
all the deletion procedures relating to the ship within 20 banking days after
The latest delivery date: June 30th, 2022.
4.3 Delivery Place: The ship shall be delivered and taken on an “as is
where is” basis at the time of inspection, and the Buyers take delivery at one
safe port or anchorage of Zhoushan Port, China. 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.
4.4 If the delivery and acceptance of the bidding object is
executed in time s of unprecedented business interruptions and travel
limitation at Zhoushan Port due to Novel Coronavirus Pneumonia prevention and
control policy restrictions or other force majeure factors, the parties
declared intention and understanding to work closely together to perform fully
under this Announcement and MOA and complete this transaction, finding an
alternative place of delivery (domestic coastal ports) and / or time of delivery, all the
expenses (including but not limited to fuel consumption, labor costs, etc.)
incur during the ship sailing from Zhoushan to the new delivery port should be
borne by the Buyers, and any time delayed shall not be deemed as a breach of
contract of the Sellers.
4.5 The sales and purchases contract will be revised and
signed basis on SALEFORM 2012 made by Norwegian Shipbrokers’ Association as
attached. If there is any conflict or ambiguity with 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 the bidding company 1% of the purchase price as bidding service fee
(settled in USD).
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. 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 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 Singapore
price on the 4th business days prior to the date of delivery to
5.5 Any taxes, fees and expense 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 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.
May 11th, 2022