Bidding Announcement of 4948t Chemical/Oil Tanker “XING TONG YOU 69”

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 31st, 2024.

1. Bidding Object:

MT “XING TONG YOU 69”, Chemical/Oil Tanker;

T-2 Chemical/Oil Tanker(flash point≤60℃);

Double bottom double hull; Class Society: Domestic CCS;

PoR: Quanzhou, China;

Trading Area: offshore;

LOA: 110.98m; MLB: 14.80m; MLD: 7.50m;

DWCC: 4948t @ 5.93m draft;

GRT: 3414; NRT: 1911;

M/E: Guangzhou Diesel 8320ZCd-4, 1765kW@500r/min x 1 set;

Built : Jan 28th, 2008;

Builder: Yizheng Xingyi Ship Repairing & Building 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 bidder will be automatically determined as the buyers after the bidding period. If there are two or more bidders participating in the bidding, the potential transfer of the Vessel will be carried out by auction. No one has the preemptive right to the transfer of the Vessel.

2.2. The starting price is USD1.35million, and the bidding deposit is USD 0.135million (or RMB 1 million ); Bid increment is a multiple of USD 0.02million.

2.3. The bidding time will enter into Extension Cycle since 16:25 July 31st, 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 USD 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 RMB, the Buyers shall pay the deposit in USD within 2 working days after the bidding is completed, and the bid company will refund the RMB deposit in two working days after received the USD deposit, and the bidding deposit shall automatically be converted into the ship purchase deposit under the MOA.

2.5. The time of this auction is subject to Beijing time (unless otherwise stipulated).

2.6. If no qualified bidder is collected after the expiration of this biding, the biding 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 on July 31st, 2024 (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.

3.2. This auction accepts applications from legally existing enterprises or organizations both domestic and abroad.

3.3. The bidder shall submit the following documents for registration (including but not limited to) when registering:

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 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.

5. Account of Bidding Company:

(1) RMB Acct.:

●户名：浙江拍船网航运交易股份有限公司

●账号：3420020010120100378739

●银行：浙商银行舟山分行

(2) 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.: 3420 0200 1142 0100 0321 30

●SWIFT (Beneficiary Bank): ZJCBCN2N

●Beneficiary Bank: China Zheshang Bank

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

●Remittance Reference: XING TONG YOU 69

6.Contacts:

Mr. Zhou: +86 18058087036/0580-2038882;

Ms. Liu: +86 18058087039/0580-2038358；

Email address: [email protected]

Website: https://www.shipbid.net:89/a6o7
Source: Shipbid