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Bidding Announcement of “FU CHUAN SAN XIA” & “DAQIAO FUCHUAN”
Bidding Ending Information
   
Start:
2024-07-26 16:00
End:
2024-07-26 17:00
Total Bid:
1 times
Final Price:
¥496611300/$68500000
Bidding Winner:
836
Bidding Status:
Successful
Starting Price:¥496611300 CNY
or$68500000 USD
Bid Increment:¥723690 CNY
or$100000 USD
Bidding Deposit:¥49661130 CNY
or$6850000 USD
Preemption Claimant:None
Evaluation Price:Unrevealed
orUnrevealed
Bidding Period:1 hours
Extension Cycle:5 min/time
Reserved Price:None
Type: State-owned
Bidding History(1)
Status Bidder Price(CNY/USD)
836 ¥496611300/$68500000
More Details
Reserved price hasn't been reached.
The Sellers have lowered the Reserved Price
Ship name
“FU CHUAN SAN XIA” & “DAQIAO FUCHUAN”
Type of vessel Other engineering Ship
Entrust institution ZHEJIANG SHIPPING EXCHANGE Reference price(CNY) 496611300
State of the auction Auction date 2024-07-26
Ship's classification CCS Length overall(m)
Port of registry Fuzhou, Fujian Length(m)
Molded breadth(m) Molded depth(m)
Gross tonnage Deadweight/
Reference capacity(t)
Type of main engine Total fixed power
(KW / h)
Shipyard Xiamen Shipbuilding Industry Co., Ltd. Completion date
Reconstruction
shipyard
Reconstruction
completion date
Announcement
Bidding Rules
Special Provisions
Technical Report
Supplement
Bidding History(1)
Announcement

 

Entrusted by the transferor (the Sellers), a public bidding online is scheduled to be held from 16:00 to 17:00 (Beijing Time) on July 26th, 2024.

 

1.    Bidding Object:

Two Offshore Wind Turbine Installation Ships “FU CHUAN SAN XIA” & “DAQIAO FUCHUAN”, as well as their equipment and spare parts onboard.

Current Location: “FU CHUAN SAN XIA” is in the sea area near Qidong, Nantong City, Jiangsu Province, China; “DAQIAO FUCHUAN” is in the sea area near Yangjiang City, Guangdong Province, China. If any changes, will inform via a separate notification.

Staring Price: RMB 496.6113 million or USD 68.5 million.

 

2.    Basic Information of the Bidding Object:

2.1  Certificate of ownership:

The two Offshore Wind Turbine Installation Ships of "FU CHUAN SAN XIA" and "DAQIAO FUCHUAN" have applied for the " Registration Certificate of Ship Ownership of the People's Republic of China", and the certificates are as follows:

 

2.2  Key Technical Data:

"FU CHUAN SAN XIA" Offshore Wind Turbine Installation Ship, built by Xiamen Shipbuilding Industry Co., Ltd. in June 2017, and then put into use. LOA: 119.20m; breadth: 40.80m; depth: 7.80m; pile leg quantity: 4 pieces; full load draft: 4.60m; 16V4000M33F diesel engine: 4 sets; AMG0500MK04LAA generator: 4 sets; 16V2000M51A harbor diesel engine: 1 set; LSA49.1L11/4P generator: 1 set; 1000 tons of pile winding crane: 1 set; 200 tons of auxiliary crane: 1 set;, equipped with hydraulic self-lifting system and DP-1 dynamic positioning system. The leg length has been extended from 85m to 94m in January 2024; the auxiliary hook for 1000 tons of pile hoisting has been upgraded from 100 tons to 400 tons in early May 2024; and the CCS certificates for such both modifications have been obtained.

 

"DAQIAO FUCHUAN" Offshore Wind Turbine Installation Ship, built by Xiamen Shipbuilding Industry Co., Ltd. in March 2018, and then put into use. LOA: 127.20m; breadth: 40.80m; depth: 7.80m; pile leg quantity: 4 pieces; full load draft: 4.60m; leg length: 85m; 16V4000M33F diesel engine: 4 sets; AMG0500MK04LAA generator: 4 sets; 16V2000M51A harbor diesel engine: 1 set; LSA49.1L11/4P generator: 1 set; 1000 tons of pile winding crane: 1 set; 200 tons of auxiliary crane: 1 set; equipped with hydraulic self-lifting system and DP-1 dynamic positioning system.

 

2.3 Ancillary equipment on board

Other equipment including pile driving guide frame, tooling, installation tools, instruments, air conditioners, hanging baskets, etc. are stored onboard of "FU CHUAN SAN XIA " and "DAQIAO FUCHUAN", and detailed types and quantities will be subject to the condition at the time of inspection of the ships.

 

2.4 Spare parts on board

Inventory - raw materials, mainly means marine spare parts, including brake coil, brake friction disc, brake electric drive plate, brake coil, brake friction disc, latch cylinder assembly, pile leg hydraulic hose, main hook, auxiliary hook brake pads, etc. are stored onboard of "FU CHUAN SAN XIA" and "DAQIAO FUCHUAN". The detailed types and quantities will be subject to the condition at the time of inspection of the ships.

 

(All the information and data refer to the bidding object provided in this Announcement, Special Provisions as well as the attachments are for reference only.)

 

3.    Risk Reminder

3.1 Till to the day of declaring the announcement, both Offshore Wind Turbine Installation Ships are being mortgaged to Bank of China, Fuzhou Branch. The successful transfer of the ships requires the release of the mortgages before the delivery of the ships. The mortgaged assets are as follows:

 

3.2 The actual condition of the bidding object shall be subject to on-site inspection. Potential bidders can inspect the ships 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 ships, 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.

 

3.3 Once a bidder registers and pays the bidding deposit, he is deemed to be fully aware of the status of the bidding object, the bidding rules and voluntarily assumes all the responsibilities and consequences arising from the underestimation of the potential risks, and is willing to take full responsibility for his own participation in the bidding.

 

4.    Qualifications for Bidders

4.1 The domestic and overseas legal corporations and unincorporated organizations established and effectively existing.

4.2 Not included in the People's Court's list of executors with loss of trust [do not have a record of loss of trust for the bidder in Fujian Province's joint disciplinary platform for executors with loss of trust; do not find any results related to the bidder in the query of executors with loss of trust in China's execution information public network (http://zxgk.court.gov.cn/) on the deadline for registration].

4.3 The bidders shall meet the corresponding conditions, if there are special provisions in Chinese laws and regulations.

 

5.    Transaction Requirements for the Transfer:

5.1  The Buyers (who is the winner of the bidding) shall sign the Sale and Purchase Contract or Memorandum of Agreement (hereinafter called “MOA”) within three (3) working days with the Sellers after the bidding has been completed. If the Buyers are from mainland China, the Sale and Purchase Contract in Chinese shall be signed; if the Buyers are overseas, the MOA in English shall be signed. The Sale and Purchase Contract (or MOA) shall form part of the Announcement and shall have the same effect as the terms and conditions in the Announcement. Bidders are deemed to accept the Sale and Purchase Contract (or MOA) attached to the Announcement once they have registered for the Bidding. In principle, no modification of the Sale and Purchase Contract (or MOA) will be allowed, except filling with the necessary information (e.g. Buyers' information, Purchase Price, signing date, etc.), or others terms mutually agreed between the Sellers and the Buyers. In the event of any conflict or ambiguity between the Sale and Purchase Contract (or MOA) and this public auction regulations (including the bidding Announcement, bidding rules, special provision, etc), the Sale and Purchase Contract (or MOA) signed both by the Sellers and the Buyers shall prevail.

5.2  On the day after the signing of the Sale and Purchase Contract (or MOA), the bidding deposit is automatically converted into a part of the purchase price of the ships under the Sale and Purchase Contract (or MOA) (the “Deposit”). Within five (5) banking days after the signing of the Sale and Purchase Contract (or MOA), the Property Rights Exchange Center will transfer the Bidding Deposit from its account to the account of the Seller without any settlement of the Bidding Deposit and without any interest:

(1)   RMB ACCOUNT:

COMPANY NAME: 中铁福船海洋工程有限责任公司

ACCOUNT NO: 416978904943

NAME OF BANK: 中国银行福州市分行

BANK NO: 104391010002

(2)   USD ACCOUNT:

NAME OF BANK: BANK OF CHINA, FUZHOU BRANCH

ADDRESS: NO.75 WUYI MIDDLE ROAD, FUZHOU,350009, FUJIAN CHINA

SWIFT CODE: BKCHCNBJ73E

COMPANY NAME: CHINA RAILWAY FUCHUAN MARINE ENGINEERING CO., LTD

ACCOUNT NO: 419585891084

 

5.3  Bidding Registration & On-site Inspection: Registration shall be finished before 17:00 hrs on the expiration day of the bidding announcement. And on-site inspection to be determined.

5.4  Delivery Place: Mainland China (at the option of the Sellers).

5.5  Cancelling Date of Notice of Readiness Tender: August 31st, 2024. The delivery time shall be at the option of the Sellers. The Sellers will give the delivery notice in accordance with the Sale and Purchase Contract (or MOA). If the Sellers really needs to postpone the delivery of the ship due to force majeure or other unexpected factors, a new Cancelling date will be negotiated and agreed between the Sellers and the Buyers.

5.6  Delivery condition: to be delivered and taken over in the status quo 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 on an “as is where is” basis, as she is and where she is at the time that the Buyers take delivery.

5.7  The remaining bunkers shall be settled separately, and the Buyers shall take over remaining fuel oils and unused lubricating and hydraulic oils and grease in storage tanks and unopened drums and pay the actual net price (excluding barging expenses) as evidenced by invoices or vouchers from the Sellers. Only commercial invoice will be provided for the remaining bunkers.

5.8  If the bidding is completed, the Sellers shall provide the Buyers from mainland China with a special value-added tax (VAT) invoice (tax rate of 13%) for the auction price after delivery; if the Buyer from outside of China, the Seller shall provide a commercial invoice on delivery.

5.9  Other transaction conditions shall be subject to this Announcement (including bidding rules and special provisions) and the Sale and Purchase Contract (or MOA).

 

6.    Transfer Method: Auction, which will be held on the bidding platform www.shipbid.net.

 

7.    Bidding Deposit: RMB 49.66113 million or USD 6.85 million.

7.1 RMB Deposit Account:

Beneficiary:福建省产权交易中心

Beneficiary Bank:交通银行福建省分行营业部

Account No.351008010018150064161

 

7.2 USD Deposit Account:

Beneficiary: FUJIAN PROPERTY RIGHTS EXCHANGE CENTER

Beneficiary Address:10/F, BLOCK B, ZHONGSHAN BUILDING, NO.152 HUDONG ROAD FUZHOU CITY FUJIAN PROVINCE

Account No.: 591902114932702

Beneficiary Bank: CHINA MERCHANTS BANK, FUZHOU BRANCH

Beneficiary bank address: China Merchants Bank Tower,No.316 Jiangbin Middle Avenue, Taijiang District, Fuzhou, Fujian, China

SWIFT: CMBCCNBS382

 

7.3 The bidding deposits of the unsuccessful bidders shall be refunded within 3 working days after the bidding without interests.

 

8.    Announcement Period: from July 19th, 2024 to July 25th, 2024. (If no bidders are collected during this period, the announcement period will be extended on a cycle of every 5 working days until the prospective bidders are collected or otherwise announced before December 30th, 2024)

 

9.    Deadline for Bidding Registration: 17:00 p.m. on the day of July25th, 2024.

Bidders shall pay the bidding deposit to the bank account designated for the above bidding deposit by electronic remittance before the deadline for registration. Bidders whose bidding deposit is confirmed to be in the account by Fujian Property Rights Exchange Center shall go to www.shipbid.net to learn about the rules and special provisions of the bidding, receive the relevant bidding materials and go through the procedures of bidding and registration.

 

10.  Contacts:

Ms. Chen: +86 18058087026/ 0580-2038358

Mr. Zhou: +86 18058087036/ 0580-2038882

E-mail: auction@shipbid.net

 

Zhejiang Shipping Exchange Co., Ltd.

July 19th, 2024

 

Bidding Rules

 

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 corporations or organizations that exist legally in and outside China and meet the qualifications specified in the auction announcement can participate in the bidding, except as otherwise provided by laws and regulations.

 

Article 4 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.

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 registerthrough 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 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.

 

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 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) working days of the Bidding Day. If the buyer fails to sign the Auction 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.

 

Article 14 If there is a dispute between the bidder, the buyer and the seller over whether the auction is completed or whether the transaction is suspended or terminated after the auction is completed, the organizer shall, based on its independent judgment, withhold the auction deposit until the payment is made in accordance with the settlement agreement between the parties to the dispute, the joint order, or the effective court decision or arbitration institution's ruling; After that, disputes between the buyer and the seller shall be governed by the sales contract and other provisions.

 

Article 15 The payment of balance shall be remitted to the nominated account in time according to the Auction Confirmation.

 

Article 16 The Buyer should sign the Sale and Purchase Contract by the Auction Confirmation with the seller within the required time and make relevant transaction procedures.

 

Article 17 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 18 The Buyer himself should register the lot and bear all relevant expenses occurred according to the regulations and policies during the transaction procedures.

 

Article 19 The bidding currency is USD. Both the starting price and purchase price do not include the expenses and taxes occurred during transaction procedures.

 

Article 20 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 21 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 22 The auctioneer reserves the right to suspend or withdraw the bidding before it starts according to the laws and regulations.

 

Article 23 The auctioneer reserves the right to suspend or withdraw the bidding if force majeure or accident has caused the online auction to fail.

 

Article 24 The seller and the auctioneer shall not bear any responsibility for the abnormal service of the website or the interruption of the auction activity due to force majeure or any third party.  After that, the auctioneer will issue a supplementary announcement and explain the reasons for the interruption. A new auction announcement will be issued as soon as possible the website service returns to normal, and the online auction will be organized and completed according to the new auction announcement. The starting price and reserve price (if any) for re-organizing the bidding due to the above reasons shall be consistent with the original announcement.

 

Article 25 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 26 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 27 If the person with the right of preemption participates in the bidding, he/she shall submit legal and effective certificates to the auctioneer before the auction begins. After the auctioneer confirms the qualification, he/she can obtain the right of preemption to participate in the bidding. If he/she fails to submit within the time limit, he/she shall be deemed to have given up the right of preemption of the subject matter.

 

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

 

 

Special Provisions

 

This additional provision is a supplement to the Announcement and Bidding Rules, which has the same legal effect.

 

1.    Basic Information of the Bidding Object:

1.1  Certificate of ownership:

The two Offshore Wind Turbine Installation Ships of "FU CHUAN SAN XIA" and "DAQIAO FUCHUAN" have applied for the " Registration Certificate of Ship Ownership of the People's Republic of China", and the certificates are as follows:

No.  Ship Name    Ownership    ID Number   Port of Registry   Date of Getting Ownership

1     FU CHUAN SAN XIA    China Railway Fuchuan Marine Engineering Co., Ltd       CN20153391842 Fuzhou, Fujian       June 1st, 2017

2     DAQIAO FUCHUAN    China Railway Fuchuan Marine Engineering Co., Ltd       CN20158991478 Fuzhou, Fujian       March 7th, 2018

 

1.2  Key Technical Data:

"FU CHUAN SAN XIA" Offshore Wind Turbine Installation Ship, built by Xiamen Shipbuilding Industry Co., Ltd. in June 2017, and then put into use. LOA: 119.20m; breadth: 40.80m; depth: 7.80m; pile leg quantity: 4 pieces; full load draft: 4.60m; 16V4000M33F diesel engine: 4 sets; AMG0500MK04LAA generator: 4 sets; 16V2000M51A harbor diesel engine: 1 set; LSA49.1L11/4P generator: 1 set; 1000 tons of pile winding crane: 1 set; 200 tons of auxiliary crane: 1 set;, equipped with hydraulic self-lifting system and DP-1 dynamic positioning system. The leg length has been extended from 85m to 94m in January 2024; the auxiliary hook for 1000 tons of pile hoisting has been upgraded from 100 tons to 400 tons in early May 2024; and the CCS certificates for such both modifications have been obtained.

 

"DAQIAO FUCHUAN" Offshore Wind Turbine Installation Ship, built by Xiamen Shipbuilding Industry Co., Ltd. in March 2018, and then put into use. LOA: 127.20m; breadth: 40.80m; depth: 7.80m; pile leg quantity: 4 pieces; full load draft: 4.60m; leg length: 85m; 16V4000M33F diesel engine: 4 sets; AMG0500MK04LAA generator: 4 sets; 16V2000M51A harbor diesel engine: 1 set; LSA49.1L11/4P generator: 1 set; 1000 tons of pile winding crane: 1 set; 200 tons of auxiliary crane: 1 set; equipped with hydraulic self-lifting system and DP-1 dynamic positioning system.

 

1.3 Ancillary equipment on board

Other equipment including pile driving guide frame, tooling, installation tools, instruments, air conditioners, hanging baskets, etc. are stored onboard of "FU CHUAN SAN XIA " and "DAQIAO FUCHUAN", and detailed types and quantities will be subject to the condition at the time of inspection of the ships.

 

1.4 Spare parts on board

Inventory - raw materials, mainly means marine spare parts, including brake coil, brake friction disc, brake electric drive plate, brake coil, brake friction disc, latch cylinder assembly, pile leg hydraulic hose, main hook, auxiliary hook brake pads, etc. are stored onboard of "FU CHUAN SAN XIA" and "DAQIAO FUCHUAN". The detailed types and quantities will be subject to the condition at the time of inspection of the ships.

 

(All the information and data refer to the bidding object provided in this Announcement, Special Provisions as well as the attachments are for reference only.).

2.    Special Notes:

2.1 From the starting date of the announcement to 17:00 (Beijing Time) on the expiration date (i.e. July 25th, 2024), potential buyers (bidders) will be collected and online bidding registration procedures will be completed. The intended buyers who meet the transfer requirements shall complete the payment of the bidding deposit and the online registration procedures before 17:00 (registration deadline) on the expiration date of the announcement. No registration will be accepted after the deadline.

2.2 Bid Increment: a multiple of RMB 0.72369 million or USD 0.1 million.

2.3 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 bidding.

2.4 The bidding time will enter into Extension Cycle since 16:55, July 26th, 2024 (Beijing Time) after the bidding officially starts. And then the ending time will be refreshed to 5 minutes once each new bidding price offered.

2.5 Following a successful bidding, the Buyers shall send an Auction Confirmation to 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. The Buyers shall sign the Sale and Purchase Contract (or MOA) within three (3) working days with the Sellers after the bidding has been completed.

2.6 The condition of the bidding object shall be subject to the physical status quo on site (excluding remaining bunkers on board).

2.7 The balance Purchase Price, estimated ROB charges and other delivery monies (if any) other than the bidding deposit shall be settled through the bank account opened by the Sellers. The time limit for the Buyers to pay the balance Purchase Price, estimated ROB charges and other delivery monies (if any) shall be subject to the Sale and Purchase Contract (or MOA) as attached.

2.8 Bidders must have a thorough understanding of the bidding object on their own. When participating in the bidding, they must fully consider the risk of potential value changes or other changes in the above-mentioned object during trading and delivery, decide their own bidding price, and bear legal responsibility for their bidding behavior. The introduction and evaluation of this bidding object by bidding company is for reference only, and do not guarantee the quality or authenticity of the bidding object, and do not assume any responsibility for the defects of the bidding object.

2.9 If the bidder has objections to the bidding object, he should raise them before applying for bidding. If the bidder registers to participate in the bidding, it shall be deemed that there is no objection, which means that the bidder has fully understood this agreement and is willing to fulfill it.

2.10 If the Buyers fail to complete the payment of the transaction funds within the agreed period, it shall be deemed as a breach of contract and shall bear all legal responsibilities.

2.11 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 ship. If there are any other terms agreed in Sale and Purchase Contract (or MOA), the Sale and Purchase Contract (or MOA) signed by the Buyers and the Sellers shall prevail.

3.    Bidders must submit the following documents (including but not limited to) when registering:

3.1 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

 

3.2 For overseas bidders:

Certificate of Incorporation

Articles of Incorporation

Copy of Directors Passport

Power of Attorney (if have), and scanning copy of the authorized person's passport

Undertaking for Bidding

Bank slip of bidding deposit

 

4. All data listed in the documents provided for this bidding are for reference only. If there is any errors between the information and the current status of the subject object due to printing, copying, or photography, the specific information shall be based on the current status of the subject object and valid documents (certificates).

 

5. The bidders can download by themselves or request the registration files from the contact persons: Ms. Chen, contact number: +86 18058087026/580-2038358; Mr. Zhou, contact number: +86 18058087036/580-2038882.

 

6. Matters not covered herein shall be settled through negotiation by all the Parties.

 

 

Zhejiang Shipping Exchange Co., Ltd.

July 19th, 2024

 

 

 

Technical Report
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Bidding History
Status Bidder Price(CNY/USD) Time
836
¥496611300/$68500000 2024-07-26 16:05:00
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