Entrusted by the transferor (the Sellers),
we have scheduled to hold a public bidding online (www.shipbid.net) from 15:00
to 15:30 (Beijing Time) on June 18th, 2024.
1. Bidding
Object:
MV “FU XING”, General Cargo Ship/ Tween
Decker;
IMO: 9181807;
Flag: Belize; Class: ICS;
LOA: 100.64m; MLB: 18.80m; MLD:13.00m;
Summer DWT: 9542.4t at Draft 8.814m;
GRT: 6178; NRT: 3482;
2H/2H; Grain Capacity: 14710.83m3;
M/E: MAKITA MITSUI B&W 5L35 MC * 1 set, 3234kW@210r/min;
Crane: 30.5t * 1 set; Derrick: 25t * 2 sets;
BWTP: Installed;
Next SS/DD: August, 2025;
Built Date: February 17th, 1998;
Builder: Nishi Shipbuilding Co., Ltd-Imabari,
Japan
Remarks: The ship is in service.
All the information and data refer to the
bidding object provided in this Announcement as
well as the attachments are for reference
only. If there is any discrepancy, the class certificates,
trading certificates and actual condition 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.
2.2 The starting price is USD 1.68 million,
and the bidding deposit is USD0.16million (or RMB 1.1 million). Bid Increment
is a multiple of USD 0.02 million.
2.3 The bidding time will enter into
Extension Cycle since 15:25, June 18th, 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.
2.4 If the Buyers pay the deposit in US
dollars when applying for the bidding, it will be automatically converted as
part of purchase deposit after the bidding. If the Buyers pay the deposit in
CNY, Buyers shall pay another USD 0.16 million separately to the bidding
company’s designated US dollar account within 2 working days upon the
completion of the bidding. The bidding company shall return the CNY deposit
fully back to the Buyers within 1 working day after the receipt of the US
deposit.
2.5 The time of this auction activity shall
be subject to Beijing time.
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 2-3 days in advance in order to avoid any issues resulting in
missing the auction). No registration will be accepted after the 15:00 (Beijing
Time) on June 18th, 2024. 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, attachments and relevant
agreements.
3.2 Any corporation or organization with
full capacity for civil conduct and legally existing may participate in this
bidding.
3.3 The bidders 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
(When registration for bidding, the bidders shall provide supporting documents
as required by bidding company, and supply additional evidence after bidding as
required by the Seller and bidding company.)
3.4 The bidders shall submit the following
documents for registration (including but not limited to):
3.4.1 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
3.4.2 For overseas bidders
● Certificate of Incorporation
certified as true copy by the director
● Articles of Incorporation
● Copy of Director’s Passport
● Undertaking for Bidding
● Bank slip of bidding deposit
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), and please confirm with the bidding company for details.
Potential bidders can inspect the Ship 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
Ship, 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.
5. Account of Bidding Company:
(1) USD Acct:
● 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): HZCBCN2HXXX
● Beneficiary Bank: Bank of Hangzhou Co,
Ltd. Zhoushan
● Beneficiary Bank Address: No.619,
Dingshen Road, Ganghang building B zone Zhoushan city, Zhejiang Prov. PR China
● Remittance Reference: FU XING
(2) RMB Acct:
● Beneficiary: 浙江拍船网航运交易股份有限公司
● Account No.: 3309040160000036844
● Beneficiary Bank: 杭州银行舟山分行
6. Contacts:
Ms Chen: +86 18058087026 /
0086-580-2038358;
Mr Zhou: +86 18058087036 /
0086-580-2038882;
E-mail: business2@shipbid.net
Zhejiang Shipping Exchange Co., Ltd.
Zhoushan Yi Ge Ship Auction Co., Ltd.
May 21st, 2024
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 bidding is
completed, but the transaction is suspended or terminated, if there is a
dispute between the buyer and the seller, the auction deposit shall be properly
kept by Zhejiang Shipping Exchange Market until it is paid according to the
settlement agreement between the two parties or the effective court judgment or
the ruling of the arbitration institution.
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 US dollar. 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 until the website service returns to
normal, and the online auction will be organized and completed according to the
new auction 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 Market Co Ltd is responsible for the interpretation of the
Rules.
This additional provision is a supplement to the bidding
announcement and rules, which has the same legal effect.
1. Bidding Object:
MV “FU XING”, General Cargo Ship/ Tween
Decker;
IMO: 9181807;
Flag: Belize; Class: ICS;
LOA: 100.64m; MLB: 18.80m; MLD:13.00m;
Summer DWT: 9542.4t at Draft 8.814m;
GRT: 6178; NRT: 3482;
2H/2H; Grain Capacity: 14710.83m3;
M/E: MAKITA MITSUI B&W 5L35 MC * 1 set, 3234kW@210r/min;
Crane: 30.5t * 1 set; Derrick: 25t * 2 sets;
BWTP: Installed;
Next SS/DD: August, 2025;
Built Date: February 17th, 1998;
Builder: Nishi Shipbuilding Co.,
Ltd-Imabari, Japan
Remarks: The ship is in service.
All the information and data provided in the Bidding Announcement,
Special Provision, 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 ship.
2. After Bidding
2.1 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) working days of the
Bidding Day.
2.2 The Memorandum of Agreement (hereinafter called “MOA”) shall be
signed between the Buyers and Sellers within five (5) working days after bidding. In the event of any conflict or
ambiguity between MOA and this public auction regulations (including the
bidding Announcement, bidding rules, special provision, etc), the MOA signed
both by the Sellers and the Buyers shall prevail.
2.3 The bidding deposits of the unsuccessful bidders shall
be returned within 2 working days after the bidding without interests. The
bidding deposit paid by the Buyers will be automatically converted into a ship
purchase deposit (i.e. Deposit, which is non-interest-bearing) upon completion
of the bidding and the signing of MOA.
2.4 It is acknowledged that the interests-free dollar account
designated by the bidding company is transaction service account for the Buyers
and Sellers to hold and release the funds of the Purchase Price.
The Service Agreement shall be signed at the same time as signing the MOA. After
signing the Protocol of Delivery and Acceptance (PODA) and Joint
Release Letter, the bidding company shall release all the purchase funds which
received from the Buyers, including but not limited to purchase price, ROB
charges and other delivery monies to the Sellers within 3 working days
without interests. The bidding 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. Transfer (Deletion) and Delivery of the Ship
3.1 The Buyers shall lodge the balance Purchase Price, estimated ROB
charges and other delivery monies (if any) at least 2 working days prior to the
intended delivery date to the transaction service account as prescribed in the
MOA and the Service Agreement.
3.2 The Sellers should complete all the deletion procedures relating
to the ship within 10 working days after signing PODA.
Notice of Readiness shall not be tendered before: July 1st,
2024;
The latest Delivery Date: July 31st, 2024.
The intended delivery date in the above period shall be at Seller’s
option. If the Delivery indeed to be extended due to the influence of any force
majeure factors, a new Cancelling Date should be fixed between the Sellers and
the Buyers.
3.3 Delivery Place: Singapore - Japan range(including
China, South Korea, Vietnam)at Sellers’ option. The
Sellers shall provide the Buyers twenty (20), ten (10), five (5), three
(3) days’ notice with approximate delivery date and intended delivery
place in advance, and provide one (1) day definite Notice of Readiness for
delivery. 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.
The ship shall be delivered and taken over as she was 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.
3.4 There is one (1) attachment (Undertaking for Bidding). Please
download and check the details.
4. Related expenses
4.1 Bidding service fee: The Buyers shall pay the bidding company 1%
of the purchase price as the service fee within 2 working days after bidding.
4.2 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.
4.3 The Sellers would provide with commercial invoice of the
purchase price and ROB charges. All the taxes, expenses and costs incurred
after the ship delivery shall be borne by the Buyers themselves.
4.4 The remaining bunkers not included in this bidding. The
final quantities of remaining fuel oils, unused lubricating and hydraulic oils
and greases in storage tanks and unopened drums shall be measured jointly and
agreed by Sellers’ and Buyers’ representatives before delivery. The actual charges
shall be settled according to the actual measured amount on the day of
delivery, and any excess payment shall be refunded and deficiency shall be
repaid.
The Buyers shall take over remaining fuel oils and unused
lubricating and hydraulic oils and grease in storage tanks and unopened drums
at last actual net price as evidenced by invoices or vouchers from the Sellers:
(a) For remaining fuel oils, the Platts Singapore price on
the 2nd business days prior to the date of delivery to be
applied if such invoices or vouchers not available.
(b) For other non-fuel oils, the selling price published by the
same suppliers on the 2nd business days prior to the date of delivery to be
applied if such invoices or vouchers not available.
4.5 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 vessel. If there are any other terms
agreed in the MOA, the MOA signed by the Buyers and
the Sellers shall prevail.
5. This Announcement is described
in both Chinese and English. In case of any discrepancy between the two
languages, Chinese version shall prevail.
6. 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.
May 21st, 2024