Entrusted by the transferor (the Sellers), we have scheduled to hold a public bidding online (www.shipbid.net) from 10:00 to 10:30 (Beijing time) on February 8th,2024.
1. Bidding Object
“JIN RONG 17”
Type：AHTS
Class：ZC
PoR：Yantai
Trading Area：offshore
Built time：December 20th, 2010
Builder：Wuhan Second Shipyard
LOA/Breadth/Depth：53.30m*11.58m*4.42m
DWCC：459t
Light weight: 772.25t
Draft: 3.5m
GRT/NRT：768/430
M/E：Daihatsu 6DL-28，2×1471kW×720r/min
Main propulsion：FPP propeller
Bow thruster: KT-34, 1×125 kW
Other parameters:
Minimum safety manning：9 persons
Deck area：210m2
External fire-fighting equipment: 2 fire monitors,2*1500 m3/h
Bollard Pull：500KN
FO tank：305.47m3; LO tank：4.24m3; FW tank：256.78m3; BW tank：178.31m3
All the information and data refer to the Vessel provided in this Announcement as well as the attachments are for reference only. If there is any discrepancy, the class certificates and trading certificates and actual ship status shall prevail.
2. Bidding rules
2.1 This bidding will be held without a reserved price. 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. No one has the preemptive right to the transfer of Vessel.
2.2 The starting price is RMB 22.50million, and the bidding deposit is RMB2.3million (or USD0.35million); Bid increment is a multiple of RMB0.02million.
2.3 The bidding time will enter into Extension Cycle since 10:25 on the bidding date (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 The time of this auction activity shall be subject to Beijing time (unless otherwise expressly stated).
2.5 If no qualified bidders are collected after the expiration of this announcement, the announcement content will not be changed and will be extended in a cycle of 5 working days.
3. Registration requirements
3.1 Registration is available from the date of this Announcement and ends 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. After successful registration, the bidder 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 natural persons with full civil capacity in China and corporation or organization in and outside the People’s Republic of China with full capacity for civil conduct and legally existing may participate in this bidding.
3.3 The bidder shall submit the following documents for registration (including but not limited to):
(1) For domestic bidders:
●营业执照扫描件（加盖公章）；
●法定代表人身份证扫描件（加盖公章）；
●经办人身份证扫描件及授权委托书（如有，需加盖公章）；
●《参拍承诺书》（文本向拍卖人索取）
●竞拍保证金付款凭证
(2) For overseas bidders:
●Certificate of Incorporation
●Articles of Incorporation
●Copy of Director’s Passport
●Undertaking for Bidding
●Bank slip of bidding deposit
4. Date and Place for Inspection of the Vessel
Inspection place is to be determined (according to specific voyage and port arrangement, and we will issue the notice in advance if possible) please confirm with the bidding company for details. Potential bidders can inspect the Vessel 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 Vessel, including but not limited to all known and unknown defects related to the vessel certificates and the vessel condition, etc. Potential bidders shall not object to defects, such as the quality, of the Vessel for any reason.
5. Account of Bidding Company
(1) RMB ACCOUNT:
●户名：舟山易舸船舶拍卖有限公司
●账号：3420020010120100378870
●银行：浙商银行舟山分行
(2)USD ACCOUNT:
●Beneficiary: Zhejiang Shipping Exchange 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：JIN RONG 17
6. Contacts
Mr.Zhou: +86 18058087036/0580-2038333
Mr.Chen: +86 18058087030/0580-2027516
Email: auction@shipbid.net
Zhejiang Shipping Exchange Co., Ltd.
Zhoushan Yi Ge Ship Auction Co., Ltd.
February 2nd, 2024
1. This additional provision is a supplement to the bidding announcement and rules, which has the same legal effect.
2. Bidding Object
“JIN RONG 17”
Type：AHTS
Class：ZC
PoR：Yantai
Trading Area：offshore
Built time：December 20th, 2010
Builder：Wuhan Second Shipyard
LOA/Breadth/Depth：53.30m*11.58m*4.42m
DWCC：459t
Light weight: 772.25t
Draft: 3.5m
GRT/NRT：768/430
M/E：Daihatsu 6DL-28，2×1471kW×720r/min
Main propulsion：FPP propeller
Bow thruster: KT-34, 1×125 kW
Other parameters:
Minimum safety manning：9 persons
Deck area：210m2
External fire-fighting equipment: 2 fire monitors,2*1500 m3/h
Bollard Pull：500KN
FO tank：305.47m3; LO tank：4.24m3; FW tank：256.78m3; BW tank：178.31m3
All the information and data provided in the Bidding Announcement, Special Provision, Technical Report as well as any other channel related to the Vessel 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 information and data above shall not affect the bidding and bidding price. Once the bidding is concluded, the Sellers and us shall not assume take any liability for defects or quality problems of the bidding vessel.
3. After Bidding
3.1 After a successful bidding, the Buyers shall sign an Auction Confirmation with the Bidding Company on the same day (the “Bidding Day”) by email or facsimile. The Buyers shall sign an original Auction Confirmation with the Bidding Company within two (2) working days of the Bidding Day. And sign Sales and Purchase Contract (or MOA) with the Sellers within Three (3) Banking Days (no later than THREE (3) Banking Days before delivery) after bidding.
3.2 After the signing of the vessel’s Sales Contract (or MOA), the auction deposit paid by the Buyers shall be automatically converted into the vessel’s purchase deposit under the Sales Contract (or MOA).
3.3 The bidding deposits of the unsuccessful bidders shall be returned within TWO (2) Banking Days after the bidding without interest.
3.4 It’s acknowledged the CNY or USD account designated by the bidding company as the escrow account for the Buyers and Sellers to hold and release the funds of the Purchase Price without interests. The Buyers shall remit the balance of the Purchase Price, estimated ROB charge and other delivery monies (if any) to the escrow account, 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.
Our company shall promptly notify the Sellers after receiving the purchase price from the Buyers, and shall pay 30% of the ship price to the account designated by the Sellers on the day of delivery; The remaining ship price, estimated ROB charge and handover miscellaneous charges (if any) shall be released to the account designated by the sellers within 3 working days after receiving the PODA, the Ship Payment Release Letter and the original or scanned copy of the ship ownership cancellation certificate provided by the Sellers.
Our company does not charge any additional fees for the fund custody services related to this project, and all the custody funds are free of interest.
3.5 The Purchase Price shall be settled in CNY. If the Buyers are of an overseas enterprise, they shall pay the USD price in full on time according to the bidding price, and the agent company shall handle the bank exchange settlement on the date of delivery (The exchange rate shall refer to the bank's real-time spot exchange purchase price, and the final settlement slip issued by the bank shall prevail). The Sellers and the Buyers shall entrust the export agent nominated by the bidding company for exporting matters, and the export-related expenses shall be borne by the Buyers.
4. Transfer (Deletion) and Delivery of the Vessel
4.1 The original owner (as the Sellers) should complete all the deletion procedures relating to the Vessel within 10 working days after the original Protocol of Delivery and Acceptance signed, dated and timed arrive at the Sellers.
Notice of Readiness shall not be tendered before: February 20th, 2024
The Latest Delivery Date: March 31st, 2024
If the Delivery indeed has to be postponed due to other emergencies and force majeure factors, a new Latest Delivery Date should be mutually agreed by the Sellers and the Buyers.
4.2 Delivery Place: 1 SAP or 1 SBP of Changdao port at Shandong China at the Sellers' option. The Sellers shall send the notice with intended delivery time and place 7 days in advance.
The Sellers are not responsible for any time and cost for the Buyers to take delivery of the vessel which shall be for the Buyers’ account.
The vessel shall be handed over according to the status quo at the time of inspection. When the bidders complete the registration procedures and participates in the bidding, it shall be deemed to have fully understood all the information of the subject matter of the bid, including but not limited to all known and unknown defects related to the vessel’s certificate, condition, etc. The Buyers shall not raise objections to the defects such as the quality of the vessel for any reason. The Buyers shall be deemed to confirm accepting the vessel’s condition if they did not inspect the vessel at the nominated time within the prescribed inspection time.
5. Related Expenses
5.1 Bidding service fee: After the successful bidding, The Buyers shall pay 1% of the purchase price as the bidding service fee in two working days.
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 In the bidding, the Sellers shall provide the proforma invoices of the Purchase Price and the ROB Charges. All expenses incurred after the handover of the vessel and all taxes incurred during the transfer shall be borne by the Buyers themselves.
5.4 This auction does not contain the remaining bunkers and other leased items stored with the ship (if any). 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, market price of chimbusco on the two (2) business days prior to the date of delivery to be applied.
5.5. By the delivery time of the vessel, all expenses and custody responsibilities of the target before the handover of the vessel shall be borne by the Selle; after the handover of the vessel, the expenses and risk responsibilities of the target shall be borne by the Buyers, and the custody responsibility of the target shall also be borne by the Buyers. If there is any other agreement in the Sales and Purchase Contract (or MOA), the agreement in the Sales and Purchase (or 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 Co., Ltd.
Zhoushan Yi Ge Ship Auction Co., Ltd.
January 24th, 2024