{
  "id": 10912780,
  "title": "Bidding Announcement of 79463.30t Bulk Carrier “ZHEN NING”",
  "url": "https://urgent.news/2026/09/30/bidding-announcement-of-79463-30t-bulk-carrier-zhen-ning",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-30T10:00:47.000Z",
  "source": {
    "name": "Hellenic Shipping News",
    "slug": "hellenic-shipping-news",
    "url": "https://www.hellenicshippingnews.com/bidding-announcement-of-79463-30t-bulk-carrier-zhen-ning/"
  },
  "original_language": "en",
  "account": "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.\n\nBidding 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.\n\nPotential 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.",
  "summary": "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: ...",
  "key_points": [
    "Bidding for 79,463.30t bulk carrier \"ZHEN NING\" begins Oct 28, 2026",
    "Vessel measures 229m length, 32.26m breadth, 20.25m depth",
    "Minimum reserve price set at CNY 106 million"
  ],
  "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."
}