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YANGZE VENUS
Bidding Ending Information
   
Start:
2021-09-14 14:00
End:
2021-09-14 20:00
Total Bid:
0 times
Final Price:
$12,120,000
Bidding Winner:
Bidding Status:
Finished
Starting Price:$12,120,000 USD
Bid Increment:$10,000 USD
Bidding Deposit:$1,500,000 USD
Preemption Claimant:None
Evaluation Price:None
Bidding Period:6 hours
Extension Cycle:10 min/time
Reserved Price:None
Type: Others
Bidding History
None
Ship name
YANGZE VENUS
Type of vessel Multipurpose Cargo Ship
Entrust institution ZHEJIANG SHIPPING EXCHANGE Reference price(USD) 12120000
State of the auction First auction Auction date 2021-09-14
Ship's classification LR Length overall(m) 137.07
Port of registry Majuro Length(m)
Molded breadth(m) 18.90 Molded depth(m) 11.65
Gross tonnage 8620.00 Deadweight/
Reference capacity(t)
12094.40
Type of main engine WARTSILA W6L46 Total fixed power
(KW / h)
5430.00
Shipyard RONGCHENG XIXIAKOU SHIPYARD CO.,LTD Completion date 2013-04-10
Reconstruction
shipyard
Reconstruction
completion date
Announcement
Bidding Rules
Special Provisions
Technical Report
Supplement
Bidding History
Announcement

Entrusted by the transferor (the Sellers), we have decided to hold a public bidding on www.shipbid.net from 14:00 to 20:00 (Beijing Time) on September 14th, 2021.

 

1. Bidding Ship: MV “YANGZE VENUS” Multi–purpose Vessel(General Cargo); PoR: Majuro; Classification Society: LR; IMO No.: 9428401; LOA: 137.07m; MLB: 18.90m; MLD: 11.65m; GRT: 8620; NRT: 4317; DWT(Summer): 12094.4t on 8.53m draft; Cargo Hold Capacity: 15480.60m3; M/E: WARTSILA W6L46, 5430kW@500rpm; Blt: RONGCHENG XIXIAKOU SHIPYARD CO., LTD on April 10th, 2013 (exact data refers to the ship certificates)

Remarks: The ship is on voyage.

 

2. Bidding Rules: It has no reserved price. If only one bidder is collected, the bidder shall be identified as the Buyers; If two (or more than two) bidders are collected, we will confirm the Buyers by bidding. The starting price is USD12.12 million, and the deposit is USD1.5 million (or CNY 9.8 million). Bid Increment: a multiple of USD0.01million.

 

If the Buyers pay the deposit in US dollars when applying for the bidding, it will be automatically converted as part of purchase fund after the bidding. If the Buyers pay the deposit in CNY, Buyers shall pay another USD 1.5 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 RMB deposit fully back to the Buyers within 1 working day after the receipt of the US deposit.

 

3. Application: Application time available from the announcing time until 16:00 September 13th, 2021(Beijing Time) (subject to the time of deposit, the completion of online registration and the receipt of the bidding number. It is recommended to pay deposit 1-2 days in advance in order to avoid any problems). After the deadline, no application will be accepted. Only legal registered companies are qualified to apply this bidding.

 

4. Inspection time to be declared later according to the specific voyage and port arrangement, and will issue the notice in advance if possible; please check with the bidding company for inspection details. The risk and cost of the surveyors in the process of inspection shall be borne by the intended Buyers, and the Sellers shall be responsible for the coordination work only; those who fail to participate in the on-site inspection and complete the registration procedures within the prescribed inspection time shall be deemed to have recognized and accepted the status quo and defects of the bidding ship, including but not limited to all known and unknown defects related to the ship certificates, ship condition, etc. The intended Buyers shall not raise any objection to the quality or other defects of the Ship for any reason.

 

5. Deposit Account:

USD Account:

Bank: BANK OF HANGZHOU CO., LTD

Bank Add: No. 46 QINGCHUN ROAD, HANGZHOU, CHINA

SWFIT Code: HZCBCN2H 

Acct: 3309040160000372942

Beneficiary: Zhoushan Yi Ge Ship Auction Co., Ltd

Beneficiary Add.:No.555 Wengshan Road,Lincheng Street , Dinghai District,Zhoushan City,Zhejiang Province,China

Remittance Reference: YANGZE VENUS

 

CNY Account:

    户:舟山易舸船舶拍卖有限公司

    号:1206020119200768341

开户行:工商银行舟山分行营业部 

 

6. Contacts: Mr Zhou+86-18058087036, +86-580-2038333;

Mrs. Ye+86-580-2027516

 

 

Zhejiang Shipping Exchange Co., Ltd.

Zhoushan Yi Ge Ship Auction Co., Ltd.

August 11th2021

 

Bidding Rules

Article 1 Bidding Rules is made by relevant laws, regulations and policies of our Country 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.

Article 3 All legal personalities, natural persons and other organizations in and abroad PRC 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 announcement and other documents are formulated by the auctioneer.

Article 5 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.

Article 6 The Seller shall take all the legal responsibilities and economic losses if he provides with fake information.

Article 7 The bidders couldn’t participate in the bidding activities until they register as the buyers through the Shipbid system.  

The 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 8 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 9 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 10 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) or the original Letter of Guarantee delivered to the auctioneer (based on the arrival time of the Letter of Guarantee to persons in charge) within the required time. The bidders shall not be eligible for bidding if the deposit is delayed or not fully paid or the Letter of Guarantee is not received on time.

Article 11 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 12 The bidder shall make a cautious bid, and the offer will be irrevocable once submitted.

Article 13 The last limited time of the Shipbid is ten (10) minutes. If there is a new bid within 10 minutes countdown, another 10 minutes will be set.

No new offers would be accepted after the final countdown, and the bidding history will be revealed.

Article 14 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 15 The Buyer should confirm his qualification with the enterprise or individual valid certification to the auctioneer within 3 working days after the bidding. After verification and confirmation, the Buyer should sign the Purchase Confirmation.

If the Buyer's qualification is not approved, the bidding result will be invalid, the deposit would be confiscated, and the lot should be bid again. The Buyer should pay the commissions for both parties due to his breach of the contract; Also, the previous Buyer should pay the balance of price if the final purchase price is lower than the first purchase one.

Article 16 The payment of balance shall be remitted to the nominated account in time according to the Purchase Confirmation.

Article 17 The Buyer should sign the Sale and Purchase Agreement by the Purchase Confirmation with the seller within the required time and make relevant transaction procedures.

Article 18 The auctioneer should publicize the bidding results through the Shipbid system after the bidding.

Article 19 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 20 The Buyer himself should register the lot and bear all relevant expenses occurred according to the regulations and policies during the transaction procedures.

Article 21 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 22 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 23 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 24 The auctioneer reserves the right to suspend or withdraw the bidding before it starts according to the laws and regulations.

Article 25 The auctioneer reserves the right to suspend or withdraw the bidding if force majeure or accident has caused the online auction to fail.

Article 26 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.

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

1. This additional provision is a supplement to the bidding rules and has the same legal effect as the bidding rules.

 

2. Bidding Ship: MV “YANGZE VENUS” Multi-purpose Vessel (General Cargo Ship)

PoR: Majuro; Class: LR; IMO number: 9428401; LOA: 136.64m; MLB: 18.90m; MLD: 11.65m; GRT: 8620; NRT: 4317; Summer DWT: 12094.4t on 8.53m draft; M/E: WARTSILA W6L46, 5430kW@500rpm; Cargo Hold Capacity: 2 cargo holds with 15480.60m3; Hatch cover: Hydraulic folding weathertight(MacGREGOR); Tween-deck hatch cover, Lifting off (MacGREGOR); 3 sets deck cranes: 80TX18M / 65TX24m (NMF); Bow thruster: WARTSILA CT125H, 500kW@1775rpm, 1 set; DD: July 18th, 2022; SS: June 14th, 2025; Blt: RONGCHENG XIXIAKOU SHIPYARD CO.,LTD on April 10th, 2013

Remarks: The ship is on voyage.

 

The above data are recorded in the ship's inspection certificate 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.

  

3. After Bidding

3.1 The Buyers must confirm the result of bidding by email or fax within one working day after the bidding, and sign the Original Purchase Confirmation with the bidding company on the same day and sign MOA (NSF2012) with the Sellers within 5 working days after the bidding. If the Buyers fail to sign the Original Purchase Confirmation and/or the MOA (NSF2012) as scheduled, the Sellers have the right to confiscate all the bid deposit.


3.2 The bid deposits of the unsuccessful bidders shall be returned within 2 working days after the bidding without interests.

3.3 It’s acknowledged the dollar account designated by the bidding company is the escrow account for the Buyers and Sellers holding and releasing the funds of the Purchase Price. After signing the PODA and the Payment Release letter, the bidding company shall release all the purchase funds to the Sellers. The bidding company shall not charge any additional fee for the escrow service of funds in connection with this project. Ince & Co Hong Kong may also be selected by the Buyers and the Sellers as the Escrow Agent (to be determined by the Buyers) and all relevant costs will be borne by the Buyers.

 

4. Delivery and Transfer (Deletion) of the Ship

4.1 The Buyers shall pay all the bidding commission not later than 16:00 September 22nd, 2021 (Beijing Time), and remit the balance of the Purchase Price and estimated ROB charge to the escrow account at least TWO (2) working days prior to the Vessel’s expected delivery date. Any delay shall be deemed as breach of the MOA.

 

4.2 Notice of Readiness shall not be tendered before: October 1st, 2021

Cancelling Date: November 15th, 2021;

The specific delivery time shall be chosen by the Sellers within the aforesaid scope. The Sellers will provide the Buyers with 20, 10, 5 and 3 days' notice of expected delivery and 1 day’s notice of readiness for delivery. If the Delivery indeed to be extended due to the influence of COVID-19 Pandemic or other force majeure factors, the Sellers will negotiate with the Buyers and fix a new delivery date.

 

4.3 Delivery Place: 1 SAP Singapore-China-Japan-Korea range in Sellers’ option. The ship would be delivered against the inspected condition. The Buyers are deemed to confirm the ship’s condition if they did not inspect the ship at the nominated time. The Sellers undertake that all crew members shall be Chinese in good health and ensure none of them are COVID-19 positive at the time of delivery.

 

4.4 The satellite phone (One set, Serial No.: SAILOR 500) equipped on the ship is not included in the sale, and will be taken off from the ship by the Sellers' representative after completing the handover procedures.

 

4.5 The delivery place of legal documents: Zhejiang Shipping Exchange Co., Ltd.(Zhoushan, China), or Ince & Co Hong Kong, or remote video conference, which shall be determined by the Buyers and the Sellers through negotiation.

 

4.6 The original ship owner (as the Sellers) should complete all the deletion procedures relating to the ship within 10 working days after signing the Protocol of Delivery and Acceptance Ship.

 

4.7 The Sales and Purchases Contract will be negotiated, revised and signed on basis of SALEFORM 2012 made by Norwegian Shipbrokers’ Association (MOA). If there is any discrepancy between the bidding announcement and MOA, the former is prevailed.

 

5. Related expenses

5.1 Bidding commission: After the bidding, the Buyers shall pay the bidding company 1% of the purchase price as commission (settled in USD).

 

5.2 On delivery, the Buyers and the Sellers shall make on-site measurement of the remaining oils on board as per the terms of MOA, and the price of oils shall refer to the actual net price as evidenced by invoices or vouchers.

 

5.3 The Sellers would provide commercial invoice of the purchase price and the ROB on board.


5.4 All expenses and the custody responsibility incurred before delivery of the ship shall be borne by the Sellers; After delivery of the ship, the expenses and risks incurred and custody responsibility shall be borne by the Buyers.

 

6. Matters not covered herein shall be settled through negotiation by the bidding company, the Sellers and Buyers.

 

 

Zhejiang Shipping Exchange Co., Ltd.

Zhoushan Yi Ge Ship Auction Co., Ltd.

11th August, 2021

 

Technical Report

Recent Photos

 

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Outside View

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Outside View

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Outside View

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Outside View

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Outside ViewFore

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Outside ViewSB

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Accommodation

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Accommodation

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General view from Bridge

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Main Deck Starboard

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Main Deck Starboard

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Main Deck Starboard

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Main Deck

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Main Deck

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Main Deck

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Hatch Cover

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Hatch Cover

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Hatch Cover

 

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Forecastle Deck

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Forecastle Deck

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Forecastle Deck

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Forecastle Deck

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Forecastle Deck

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Aft Winches

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Aft Winches

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Aft Winches

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Crane

 

 

 

 

 

 

 

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Main Deck

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Main Deck and Gangway

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Bridge

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Bridge

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Bridge

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Bridge

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Bridge

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Bridge

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Funnel

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Funnel

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Funnel

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Hospital

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Hospital

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Cres Cabins

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Cres Cabins

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Mess Room

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Mess Room

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Mess Room

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Galley

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Galley

说明: C:\Users\业务运营部\Desktop\engin.jpg Engine Room

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Engine Room

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Engine Room

 

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Engine Room

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Engine Room

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Engine Room

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Engine Room

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ECR

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ECR

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Main Engine

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Main Engine

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Main Engine

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AUXILIARY ENGINE

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AUXILIARY ENGINE

 

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Steering Gear Room

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Steering Gear Room

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Steering Gear Room

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Incinerator

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Sewage Water Treatment

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Boiler

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FRESH WATER GENERATOR

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OILY WATER SEPARATOR

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Engine Room

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Engine Room

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Engine Room

说明: C:\Users\业务运营部\Desktop\ballast water tanker6.jpg Ballast Water Tank

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Ballast Water Tank

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Ballast Water Tank

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Ballast Water Tank

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Ballast Water Tank

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Ballast Water Tank

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Ballast Water Tank

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Deck Store

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Deck Store

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Cargo Hold

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Cargo Hold

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Cargo Hold

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Cargo Hold

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Cargo Hold above Tween Deck

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Cargo Hold above Tween Deck

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Cargo Hold above Tween Deck

Bidding History
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