{
  "id": 807912,
  "title": "Bidding Announcement of 16731.21t Chemical Oil Tanker “XIN AO TAI 1”",
  "url": "https://urgent.news/2026/08/13/bidding-announcement-of-16731-21t-chemical-oil-tanker-xin-ao-tai-1",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-13T21:00:51.000Z",
  "source": {
    "name": "Hellenic Shipping News",
    "slug": "hellenic-shipping-news",
    "url": "https://www.hellenicshippingnews.com/bidding-announcement-of-16731-21t-chemical-oil-tanker-xin-ao-tai-1/"
  },
  "original_language": "en",
  "account": "The bidding process for the 16731.21t chemical oil tanker \"XIN AO TAI 1\" will commence online on August 26th, 2026, at 15:00 Beijing time, lasting until 15:30. The ship, built by Zhejiang Aotai Shipbuilding Co., Ltd., is powered by STX-MAN B&W 7S35MC-MK7 engines, generating 5180kW at 173 revolutions per minute. The starting price for the auction is USD 10.20 million, with a bidding deposit of USD 1.02 million. Bidders will have to pay the deposit in USD if they pay in cross-border RMB, and the bidding company will refund the RMB deposit within two banking days once the USD deposit is received. The bid increment is in multiples of USD 0.02 million, and the highest bid upon the auction's close will determine the final price. Bidders must meet specific requirements, including not being subject to sanctions, being a legally existing corporation, and registering before the deadline. The bidding process will extend with a 5-minute countdown after each bid, and the vessel can be inspected by potential bidders, with the associated risks and expenses falling on the bidder.",
  "summary": "Entrusted by the transferor (the Sellers), we have scheduled to hold a public bidding online (www.shipbid.net) from 15:00 to 15:30 (Beijing time) on August 26th, 2026. 1. Bidding Object: MT”XIN AO TAI 1″，Chemical/Oil Tanker; Class: CCS ; Flag：Liberia; Trading Area: Unrestricted; GRT:11270; NRT:5188； LOA: 145.5m; MLB: 23.0m; MLD: 12.5m; Full load draft：8.784m； DWT:16731.21t; Capacity:20298.484m3…",
  "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."
}