{
  "id": 2017384,
  "title": "Bidding Announcement of 17110t Multi-purpose Cargo Ship “HUA XIN 5”",
  "url": "https://urgent.news/2026/08/19/bidding-announcement-of-17110t-multi-purpose-cargo-ship-hua-xin-5",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-19T21:00:47.000Z",
  "source": {
    "name": "Hellenic Shipping News",
    "slug": "hellenic-shipping-news",
    "url": "https://www.hellenicshippingnews.com/bidding-announcement-of-17110t-multi-purpose-cargo-ship-hua-xin-5-2/"
  },
  "original_language": "en",
  "account": "The \"HUA XIN 5\" multi-purpose cargo ship is set to be auctioned online starting at 16:00 Beijing Time on September 2nd, 2026. The vessel, powered by a GuangZhou Diesel 6G32A engine with a capacity of 2,930 kW at 600 rpm, will be auctioned through the Shipbid website. The Bidding Company, acting on behalf of the Sellers, will determine the Buyer during the course of the bidding process. The Bidding Deposit is US$0.85 million (or RMB5.95 million), and the Bid Increment is in US$10,000 increments. If the Bidding is unsuccessful, the Bidding Company will refund the Bidding Deposits to the unsuccessful bidders within two banking days after the auction concludes. The Bidding will be conducted from 16:00 to 16:25 Beijing Time on the Bidding Day, and will be considered complete if a new bid is not offered within five minutes of the start, or five minutes after the last bid if additional bids are submitted after 16:25.",
  "summary": "Entrusted by the transferor (the Sellers), our company (the “Bidding Company”) is scheduled to hold an online public bidding (the “Bidding”) on the Shipbid website (www.shipbid.net) from 16:00 to 16:30 (Beijing Time) on September 2nd, 2026 (the “Bidding Day”), which is hereby announced as follows: 1.Bidding Target: M/V “HUA XIN 5”; Type: Multi-purpose Cargo Ship; ...",
  "key_points": [],
  "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."
}