Entrusted by the transferor (the Sellers),
we have scheduled to hold a public bidding online (www.shipbid.net) from 16:00
to 16:30 (Beijing time) on November 15th, 2023.
Ship Name: NING
HAI BO 16001;
Type of Ship:
Class Notation: ★ CSA Pontoon Barge; Ice Class B;
LOA: 110.00m; MLB:
32.00m; MLD: 7.50m;
Design Draft: 5.60m;
Yangzhou Kejin Shipyard Co., Ltd., China;
Built time: December
Diesel Engine of
Main Generator: Weichai R6160Z-1, 2 sets×330kW×1000r/min;
Marathon MP-H-300-6, 2 sets×300kW/400V/541A;
Diesel Engine of Harbor
Generator: Weichai TD226B-6CD, 1 set×90kW×1500r/min;
Marathon MP-H-75-4, 1 set×75kW/400V/135A;
area: 97.5m*32m, 12.5m*22m;
Deck Design Load: 18t/m2;
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
2.1 This bidding will be held with a
reserved price. If there are less than two bidders participating in the
bidding, this bidding shall be deemed failed upon the completion of the
announcing period. If there are two or more bidders participating in the
bidding, the Buyers of the Vessel 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.
is a Preemption Claimant to purchase the Vessel in this bidding. The Sellers
and the Preemption Claimant have jointly confirmed as follows:
Preemption Claimant has been entitled to participate in the bidding according
to the rules and relevant regulations of this bidding activity and bid
independently to exercise the right of preemption.
right of preemption of purchase the Vessel shall be deemed as failed and
terminated automatically if the Preemption Claimant has not finished
application procedures of the bidding within the prescribed time.
After the successful bidding, the Preemption Claimant shall be determined as
the Buyers if the Preemption Claimant offer the same highest price with the
right of preemption of purchase the Vessel shall be deemed as failed and
terminated automatically if the Preemption Claimant has not offered the highest
2.3 The starting price is RMB 7.9 million,
and the bidding deposit is RMB 1 million (or
USD 0.15 million); Bid increment is
a multiple of RMB 0.05million.
bidding time will enter into Extension Cycle since 16:25 November 15th, 2023
(Beijing Time) after the bidding officially starts. And then the ending time
will be refreshed to 5 minutes once each new bidding price offered.
bidding deposits of the unsuccessful bidders shall be returned within
2 working days after the bidding without interests.
2.6 The time of this auction
activity shall be subject to Beijing time (unless otherwise expressly stated).
Registration is available from the date of this Announcement and ends
on November 15th, 2023 (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. 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.
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. The
bidder shall not subject to or affected by any sanction, embargoes, freezing
provisions, prohibitions or other restriction relating to trading, doing
business, investment, exporting, financing or making assets available (or other
activities similar to or connected with any of the foregoing) imposed by law or
regulation of the United Nations, the People's Republic of China, United States
of America and European Union against any state, natural or legal person, body
or entity and are capable of making the payments in US Dollars as required
under this Agreement.
bidder shall submit the following documents for registration (including but not
(1) For domestic
(2) For overseas
● Certificate of Incorporation
● Articles of Incorporation
● Copy of Director’s Passport
● Undertaking for Bidding
● Bank slip of bidding deposit
and Place for Inspection of the Vessel:
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.
Account of Bidding Company:
(2) USD ACCOUNT:
Zhejiang Shipping Exchange Co., Ltd.
Address: 6th Floor, Zhoushan Bulk Commodity Exchange Center, No.555 Wengshan
Rd, Lincheng Zhoushan Zhejiang Province, P.R.China
(Beneficiary Bank): HZCBCN2HZSB
Bank: Bank of Hangzhou Co., Ltd, Zhoushan Branch
Bank Address: No.619, Dingshen Road, Ganghang Building B Zone, Zhoushan city,
Zhejiang Prov. P.R. China
Reference: NING HAI BO 16001
Ms. Wen: +86 18058087023 /
Mr. Gao: +86 18058087033 / 0580-2038333
Mr. Chen: +86 18058087030/
Shipping Exchange Co., Ltd.
Yi Ge Ship Auction Co., Ltd.
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 Market Co.,Ltd) is located.
Article 3 All legal persons or organizations that exist legally 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 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 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 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.
Article 14 If the Buyers do not pay the balance of Purchase Price within the prescribed time or do not take the bidding object, the Sellers are entitled to bid again of which the original Buyers cannot partiticate. If the Buyers regret to bid after completion of the auction (including but not limited to failure to pay the balance Purchase Price 2 working days prior to delivery, or other circumstances the original Buyers express clearly ), the bidding deposit lodged shall not be refunded, and will be used to pay the cost loss caused by the first bidding, make up the difference between the re-bidding price and the first bidding price. If the deposit amount is insufficient cover the costs, the Sellers have the right to pursue recourse against the original Buyers.
Article 15 The payment of balance shall be remitted to the nominated account in time according to the Purchase Confirmation.
Article 16 The Buyer should sign the Sale and Purchase Contract by the Purchase 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 RMB. 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 阿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
1. This additional provision is a supplement to the bidding announcement and rules, which has the same legal effect.
2. Bidding Object:
Ship Name: NING HAI BO 16001;
Type of Ship: Pontoon Barge;
Class Notation: ★ CSA Pontoon Barge; Ice Class B;
LOA: 110.00m; MLB: 32.00m; MLD: 7.50m;
Design Draft: 5.60m;
Shipbuilder: Yangzhou Kejin Shipyard Co., Ltd., China;
Built time: December 28th, 2009;
Diesel Engine of Main Generator: Weichai R6160Z-1, 2 sets×330kW×1000r/min;
Main Generator: Marathon MP-H-300-6, 2 sets×300kW/400V/541A;
Diesel Engine of Harbor Generator: Weichai TD226B-6CD, 1 set×90kW×1500r/min;
Harbor Generator: Marathon MP-H-75-4, 1台×75kW/400V/135A;
Deck area: 97.5m*32m, 12.5m*22m;
Deck Design Load: 18 t/m2;
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 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 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.
3.2 The sales and purchases contract shall be signed as attached. In principle, no modification of the sales and purchases contract 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 sales and purchases contract and this public auction regulations (including the bidding Announcement, bidding rules, special provision, etc), the terms in such public notice shall prevail. The Buyers shall sign the sales and purchases contract with the Sellers within five (5) working days after signing Auction Confirmation (no later than 3 working days prior to delivery date).
3.3 It’s acknowledged the 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 without interests and the Escrow Agreement shall be signed by the Buyers, the Sellers and the Bidding Company on the same day of signing sales and purchases contract.
If the domestic Buyers are determined to succeed, the bidding deposit paid by the domestic Buyers shall be automatically converted into the purchase deposit after the signing of the Sales and Purchase Contract of Chinese
However, if the overseas Buyers are determined to succeed, the Buyers and the Sellers have the right to choose Holman Fenwick Willan LLP Shanghai Office or Stephenson Harwood as the Escrow Agent and sign the Escrow Agreement accordingly. The relevant costs shall be negotiated by the Sellers and the Buyers. It’s acknowledged the dollar account designated by Escrow Agent is the escrow account for the Buyers and Sellers to hold and release the funds of the Purchase Price as well as all other sum payable. The Buyers shall pay 10% of the purchase price (the Purchase Deposit under sales and purchases contract) to the escrow account by T/T within three (3) working days after the sales and purchases contract has been signed and escrow account has been open. The Bidding Company shall refund the bidding deposit paid by the overseas Buyers with the deduction of bidding service fee to the overseas Buyers within three (3) working days (without interests) once the Escrow Agent confirms the safe receipt of the Purchase Deposit.
3.4 The Purchase Price shall be settled in CNY. If the Buyers are of an overseas enterprise, the Purchase Price shall be exchanged against the middle exchange rate announced by the Bank of China on the bidding day. At the same time, the Sellers shall be responsible for exporting matters, and the export-related expenses shall be borne by the Buyers.
3.5 If the Buyers fail to sign the Auction Confirmation or the Sales and Purchase Contract as scheduled, And if the escrow account is failed to open due to the Buyers’ reasons, or the Buyers fail to pay the Purchase Deposit on time, the Sellers shall have the right to cancel the sales and purchases contract and the contract shall be null and void the Sellers shall be entitled to confiscate all the bidding deposit but without prejudice to the Sellers’ right to claim their losses against the Buyers. The bidding company shall release the bidding deposit with the deduction of bidding service fee to the Sellers. Zhejiang Shipping Exchange Co., Ltd. shall have the right to re-organize the bidding activity for the object Vessel against the instructions of the Sellers. The bidding company shall release the bidding deposit with the deduction of bidding service fee to the Sellers.
4. Transfer (Deletion) and Delivery of the Vessel:
4.1 The Buyers shall pay the bidding service fee no later than 16:00 on November 17th, 2023 (Beijing Time). And the Buyers shall remit the balance of the Purchase Price, estimated ROB charge and other delivery money (if any) to the escrow account, at least TWO (2) working days prior to the Vessel’s expected delivery date as notified by the Sellers’ 10 days’ approximate notice. Any delay or failure to pay fees mentioned above shall be deemed as a breach of the Bidding Announcement and the sales and purchases contract.
4.2 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: November 22nd, 2023
The Latest Delivery Date: December 15th, 2023
If the Delivery indeed has to be postponed due to voyages and other force majeure factors, a new Latest Delivery Date should be mutually agreed by the Sellers and the Buyers.
4.3 Delivery Place: The Vessel shall be delivered and taken over by the Buyers on an “as is where is” basis safely afloat at a safe and accessible berth or anchorage within full China range in the Sellers’ option. The Sellers shall send the notice with intended delivery time and place 10 days in advance.
The Sellers are not responsible for any time and cost for Buyers’ taking delivery of the Vessel which shall be for the Buyers’ account.
The Buyers shall be deemed to accept the vessel’s condition if they did not inspect the vessel within the prescribed inspection time. Once 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 certificate, vessel condition, etc. The Buyers shall not raise objections to the defects such as the quality of the bid target for any reason.
4.4 Documents provided by the Sellers and the Buyers on Closing shall be refer to The Sales and Purchases contract.
4.5 Four (4) attachments in total（Undertaking for Bidding, Class Status Report, Technical Report, draft Sales and Purchases contract）. Please download and check the details.
5. Related Expenses
5.1 Bidding service fee: After the successful bidding, the Buyers shall pay the bidding company 1% of the Purchase Price as bidding service fee (the bidding service fee will be immediately deducted from the bidding deposit after successful bidding if the Buyers and the Sellers appoint Holman Fenwick Willan LLP Shanghai Office or Stephenson Harwood as the Escrow Agent).
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 shall provide with commercial invoices of the purchase price, the bunkers and other delivery monies (if any). All the taxes, expenses and costs incurred after the vessel 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. The Buyers shall take over remaining unused lubricating and hydraulic oils and grease in storage tanks and unopened drums and pay:
(a) the last actual net price (excluding barging expenses) as evidenced by invoices or vouchers; or if such invoices or vouchers not available, the Sellers provide the marketing price published by the makers on the 4th business day prior to the date of delivery.
The Buyers shall take over the remaining bunkers at:
(b) the last actual net price as evidenced by invoices or vouchers; or if not available from the Sellers, the Platts Shanghai bunker price on the 4th business day prior to the delivery date shall be applied.
5.5 Item on board which is on hire is excluded: 1 set of movable generator (brand: SDEC) for handling anchor, 4 sets of winches and 4 sets of anchors on main deck. The Sellers shall take back the above equipment before delivery.
5.6 The Vessel with everything belonging to her shall be at the Sellers' risk and expense until she is delivered to the Buyers, while the Vessel’s risk and expenses shall be for the Buyers’ account after signing Protocol of Delivery and Acceptance under this Agreement. If there are other agreements in the Sales and Purchases contract, the agreement in the contract signed by the Buyers and Sellers shall prevail.
6. The announcement in Chinese and English respectively, in the event of any discrepancies between the Chinese and English versions, the 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.
October 20th, 2023
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