{
  "id": 10416306,
  "title": "Bidding Announcement of 48,893t Handymax Bulk Carrier “YIN HE HAI NAN DAO”",
  "url": "https://urgent.news/2026/09/28/bidding-announcement-of-48-893t-handymax-bulk-carrier-yin-he-hai-nan",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-28T10:00:51.000Z",
  "source": {
    "name": "Hellenic Shipping News",
    "slug": "hellenic-shipping-news",
    "url": "https://www.hellenicshippingnews.com/bidding-announcement-of-48893t-handymax-bulk-carrier-yin-he-hai-nan-dao/"
  },
  "original_language": "en",
  "account": "The bidding for the 48,893-ton Handymax bulk carrier \"YIN HE HAI NAN DAO\" is set to commence online on October 22nd, 2026. The vessel, flagged in China, is owned by the Sellers and will be auctioned on the ShipBid website from 15:00 to 16:00 Beijing Time. The starting price is CNY 45.50 million with a bidding deposit of CNY 5 million (or USD 0.8 million). The contract price will be settled in CNY, converted based on the USD/CNY spot rate at the time of bidding completion. If there is only one bidder, they will be identified as the buyer; if there are two or more bidders, the ship will be transferred by auction. The vessel is equipped with a Sulzer engine and four deck cranes with grab, and has a grain capacity of 61,553.2 cubic meters. Domestic and overseas buyers are eligible to participate, but must meet qualification standards and ensure they are not subject to relevant sanctions.",
  "summary": "Entrusted by the transferor (the Sellers), we have scheduled to hold a public bidding online (www.shipbid.net) from 15:00 to 16:00 (Beijing Time) on October 22nd, 2026. 1. Bidding Target: Vessel’s Name: YIN HE HAI NAN DAO ; IMO No.: 9228411; Type of Vessel: Handymax Bulk Carrier; Flag stage: China; Classification Society: CCS (Next SS 30/09/2029); ...",
  "key_points": [
    "48,893-ton Handymax bulk carrier \"YIN HE HAI NAN DAO\" to be auctioned on October 22nd, 2026",
    "Vessel flagged in China, owned by Sellers, equipped with Sulzer engine and four deck cranes",
    "Starting price CNY 45.50 million, contract settled in CNY based on USD/CNY spot rate"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}