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Bidding Announcement of 79463.30t Bulk Carrier “ZHEN NING”

Entrusted by the transferor (the Seller), our company (the “Bidding Company”) is scheduled to hold an online public bidding (the “Bidding”) on the Shipbid website (www.shipbid.net) from 10:00 to 10:30 (Beijing Time) on October 28th, 2026 (the “Bidding Day”), which is hereby announced as follows: 1. Bidding Target: Vessel’s Name: ZHEN NING; Type of Vessel: ...

The Shipping industry has announced a public bidding process for a massive bulk carrier vessel named "ZHEN NING". Expected to be held on October 28th, 2026, the bidding will be conducted online via the Shipbid website. The vessel, registered in Jiaxing and classified by CCS, boasts an impressive length of 229.00 meters, breadth of 32.26 meters, and depth of 20.25 meters.

With a displacement of 79,463.30 tons at a draft of 14.62 meters, and a gross tonnage of 43,349 and net tonnage of 27,334, the ship has seven cargo holds with a total capacity of 98,377.59 cubic meters. Powered by a single main engine, a HITACHI ZOSEN 5S60MC-C8 rated at 11,900 kW and revolving at 105 rpm, the vessel was built in China and delivered on May 25th, 2012.

Bidding rules dictate a minimum reserve price of CNY 106.00 million. The initial bidding deposit is CNY 5.30 million, with increments set in multiples of CNY 10,000. If the final bid does not meet the reserve price, the sale will not proceed. No Right of First Refusal applies.

Potential bidders may register at any time prior to the bidding commencing, provided they pay the deposit and complete registration before the start of the bidding. They must be legal entities or individuals based in China. Foreign entities involved in cross-border transactions must comply with Chinese and relevant international regulations. The bidding will conclude once the reserve price is reached or if no new bids are submitted within five minutes of the previous bid.

Written by urgent.news from Hellenic Shipping News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at hellenicshippingnews.com →

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