Shipbid concluded the bidding of the car carrier（Ro-Ro Ship） MV “SHI YUAN” on December 23, following intense competitive bidding among participants.

Built in 1993 by Usuki Shipyard, the vessel (IMO:9052898) has a vehicle capacity of 900 units, a deadweight (DWT) of 5184 tons.

The bidding opened at CNY 14.14 million (approximately USD 2.01 million). Following 121 rounds of intense bidding, the vessel sold for CNY 19.28 million (approximately USD 2.74 million), representing a 36% premium.

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Source: Shipbid