Bidding Announcement of 8518t MPP “ZJ2026-0043”

The bidding for the 8518t MPP "ZJ2026-0043" will be held online on August 28th, 2026, between 10:00 and 10:30 Beijing Time. The vessel has a full load displacement of 12050.20t and a draft of 7.30m. The machinery is provided by Wuxi Antai Power Machinery Co., Ltd., with a G8300ZC22BH engine rated at 4400kW and 167rpm. The starting price for the bidding is RMB 9.58 million, with a deposit of RMB 0.96 million (or USD 0.14 million) and a bid increment of RMB 0.05 million.

The bidding will enter an extension cycle starting at 10:25 on the same day, with the ending time refreshed every five minutes as new bids are offered. If only one bidder participates, their offer must meet or exceed the reserved price for the auction to be successful. If multiple bidders are present, the ship will be transferred to the highest bidder, but only if their offer exceeds the reserved price.

The reserved price cannot be met by a single bidder or surpassed by the highest offer. There is no preemptive right to the sale. The starting price and deposit can be paid in either RMB or USD, with USD payments requiring an additional RMB 0.96 million within three banking days. Registrations are open until the auction begins, and all registrants must comply with the rules and provisions outlined in the announcement.

Bidder registration requires various documents, including company certifications, a business license, an ID card scan, and a power of attorney if applicable. Inspection of the ship will be arranged separately, and the risk and costs associated with inspection are the responsibility of the potential bidders.