Bidding Announcement of 4544t Oil Tanker “NING FENG YOU 1”

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 July 30th, 2024.

1. Bidding Object:

MT “NING FENG YOU 1”, Oil Tanker (Flash Point ≤60℃);

PoR: Ningbo, China;

Class: Domestic CCS;

Trading Area: Offshore;

LOA: 99.80m; MLB: 16.20m; MLD: 7.00m;

GT/NT: 2996/1677;

DWCC: 4544t @ 5.40m draft;

Cargo Tank No.: 8; Capacity: 5083.79m3;

Cargo Pumps: 500m3/hx2 sets, 300m3/h×1set;

M/E: Ningbo C.S.I G8300ZC16B, 2000kW@600r/min×1set;

Built Time: Oct 18th, 2012;

Builder: Ningbo Dongfang Shipyard Co., Ltd.

(Data and relevant information provided in this announcement are for reference only)

2. Bidding rules:

2.1 This bidding will be held without a reserved price. If there is only one bidder participating in the bidding, the potential transfer of the Ship will be confirmed automatically after the bidding period. If there are two or more bidders participating in the bidding, the potential transfer of the Ship will be carried out by auction. If no qualified bidders are collected after the announcing period, the information disclosure without changes will be extended for every 10 working days until the intended buyer is collected, in which the bidding time, the delivery period will be extended by 10 working days accordingly. No one has the preemptive right to the transfer of the Vessel.

2.2 The starting price is RMB16.58 million, and the bidding deposit is RMB 1 million (or USD 0.15million). Bid increment is a multiple of RMB 0.02 million.

2.3 The bidding time will enter into Extension Cycle since 16:25 on July 30th, 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 The time of this auction activity shall be subject to Beijing time (unless otherwise expressly stated).

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 16:00 (Beijing Time) of the bidding date. After successful registration, the bidders 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 natural persons with full civil capacity in China and any corporation or organization in and outside China with 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 Chinese 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》（文本向我司领取）

● 竞拍保证金付款凭证

(2) For Abroad 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:

● Beneficiary: 浙江拍船网航运交易股份有限公司

● Account No.: 3420020010120100378739

● Beneficiary Bank: 浙商银行舟山分行

(2) USD ACCOUNT:

● Beneficiary Name: Zhejiang Shipping Exchange Co., Ltd.

● Beneficiary Address: 6th Floor, Zhoushan Bulk Commodity Exchange Center, No.555 Wengshan Road, Lincheng, Zhoushan, Zhejiang, P.R.China

● Beneficiary Bank: China Zheshang Bank

● Swift Code: ZJCBCN2N

● Bank Address: No.88,Lv Dao Road,Dinghai Dist., Zhoushan City, Zhejiang Prov., P.R. China

● Account No.: 3420020011420100032130

6. Contacts:

Ms. Pan: +86 13606589339 / 0574-87243887

Ms. Lin: +86 13646696072 / 0580-2038333

E-mail: [email protected]

Website: https://www.shipbid.net:89/1f5l
Source: Shipbid