Entrusted by the transferor (the Sellers), our company (the”Bidding Company”) is scheduled to hold an online public auction on the Shipbid website (www.shipbid.net) from 16:00 to 16:30 (Beijing time) on January 6th, 2026 (the “Auction Day”), which is hereby announced as follows:.

1. Bidding Target:

MT “SAMC SWAN”, Oil/Chemical tanker;

IMO: 9813058;

PoR: HONG KONG;

Class: ABS;

LOA: 119.98m; MLB: 18.50m; MLD: 9.50m;

Summer Deadweight: 8707.60t; Design draft: 7.350m;

GT/NT: 6052/2710;

M/E: MITSUBISHI 6UEC33LSE-C2 TII, 3300kW@127r/min×1 set;

A/E: CCFJ475-Z-W-MYCM, 475kW@1800r/min×3 sets;

Built Time: January 4th, 2019;

Builder: Nantong Tongbao Shipbuilding Co., Ltd.;

Remarks: The Vessel is in service.

(All the information and data in reference to the Vessel provided in this Announcement, the Special Provisions as well as its Annexes (if any), are for reference only.)

2. Bidding rules:

2.1 This Auction will be held without a reserved price. If there is only one bidder register for the Auction, such bidder shall be determined as the Buyers on the Auction Day, with the purchase price being the Starting Price. If two or more bidders register for the Auction, the Buyers shall be determined during the course of the Auction.

2.2 There is a Preemption Claimant to purchase the Vessel in this Auction.

2.2.1 The Preemption Claimant has been entitled to participate in the Auction according to the rules and relevant regulations of this Auction activity and bid independently to exercise the right of preemption.

2.2.2 The right of preemption of purchase the Vessel shall be deemed as failed and terminated automatically if the Preemption Claimant has not finished application procedures of the bidding within the prescribed time.

2.2.3 During the bidding process, the bids from the preemptive right holder will be marked with a special symbol “P” to indicate that it is an offer from the preemptive right holder. After the Auction ends, if the preemptive right holder’s bid is the same as the highest bid from any other bidder, the preemptive right holder shall be confirmed as the final and unique “Buyers” of this Auction.

2.2.4 After the end of the Auction, if the preemptive right holder’s bid is not higher than or equal to the highest bid from any other bidder, the right of preemption of purchase the Vessel shall be deemed as failed and terminated automatically.

2.3 The Starting Price is USD 16.2 million, and the Bidding Deposit is USD 1 million (or RMB 7.2 million). Bid increment is a multiple of USD 20,000.

2.4 If the Buyers outside of China pay the deposit in CNY, the Buyers shall pay as follows:

(1) The Buyers shall pay another USD 1 million separately to the Bidding Company’s designated US dollar account within Two(2) working days upon the completion of the Auction. The Bidding Company shall return the CNY deposit back to the Buyers within One (1) working day after the receipt of the US deposit.

(2) The Buyers shall pay CNY Amount (CNY Amount=Purchase Price x 20% x 7.2-7200000) separately to the Bidding Company’s CNY account as additional deposit within 10 Banking days after the completion of the Auction and MOA signed by Sellers and Buyers. The Bidding Company shall return the CNY bidding deposit and CNY additional deposit within One (1) working days after the Bidding Company receives the full USD deposit.

2.5 The Auction will officially commence from 16:00 (Beijing Time) on the Auction Day and will continue until 1625 hours on the same day (Beijing Time) after which time (A) if there is no new bid offered 5 minutes thereafter, the Auction will be deemed completed or (B) if there are further bids after 1625 hours then the Auction will only be deemed completed when 5 minutes elapses from the time of the last entered bid.

3. Registration Requirements:

3.1 Registration is available from the date of this Announcement and ends before the Auction starts (subject to the receipt of Bidding Deposit, the completion of online registration and the receipt of the auction number plate obtained on the platform. It is recommended that bidders pay the deposit 3-5 days in advance in order to avoid any issues resulting in missing the Auction). No registration will be accepted once the Auction has officially begun. All times for this auction activity are based on Beijing Time.

3.2 Any corporation with legally existing may participate in this Auction. Overseas bidders must ensure that they are not involved in sanctions by China, the United Nations, the European Union, the United Kingdom, and the United States, and possess the ability to pay and receive funds in USD (during the bidding process or after the transaction, bidders shall provide relevant explanations or proof materials as reasonably required and complete KYC review).

3.3 The bidders shall submit the following documents for registration (including but not limited to):

(1) For domestic bidders in mainland China:

● 营业执照扫描件（加盖公章）

● 法定代表人身份证扫描件（加盖公章）

● 经办人身份证扫描件及授权委托书（如有，需加盖公章）

● 《参拍承诺书》（文本向我司领取）

● 竞拍保证金付款凭证

(2) For overseas bidders:

● Certificate of Incorporation

● Articles of Incorporation

● Copy of Director’s Passport

● Undertaking for Bidding

● Bank slip of bidding deposit

4. Date and Place for Inspection of the Vessel:

Inspection place is to be determined, please contact with the Bidding Company for details. Potential bidders can inspect the Vessel within the stipulated time. The risk and expenses in relation to the inspection shall be borne by the potential bidders. The Bidding Company and the Sellers shall only be responsible for coordination work. Potential bidders who fail to participate in the on-site inspection yet complete the registration procedure within the prescribed inspection time shall be deemed to have recognized and accepted the status quo and defects of the Vessel, including but not limited to all known and unknown defects related to the Vessel certificates and the Vessel condition, etc. Potential bidders shall not object to defects, such as the quality, of the Vessel for any reason.

5. Account of Bidding Company:

(1) USD ACCOUNT 1:

● Beneficiary: Zhejiang Shipping Exchange Co., Ltd.

● Beneficiary Add: 6th Floor, Zhoushan Bulk Commodity Exchange Center, No.555 Wengshan Rd, Lincheng Zhoushan Zhejiang Province, P.R. China

● Account No.: 3420 0200 1142 0100 0321 30

● SWIFT (Beneficiary Bank): ZJCBCN2N

● Beneficiary Bank: China Zheshang Bank

● Beneficiary Bank Address: No.88, Lv Dao Road, Dinghai Dist., Zhoushan City, Zhejiang Prov., P.R. China

● Remittance Reference: SAMC SWAN

(2) USD ACCOUNT 2:

● Beneficiary: SHIPBID (SINGAPORE) SHIPPING EXCHANGE PTE. LTD.

● Beneficiary Add: 36 ROBINSON ROAD, #21-01, CITY HOUSE, SINGAPORE 068877

● Account No.: 072-124228-1

● SWIFT (Beneficiary Bank): DBSSSGSG

● Beneficiary Bank: DBS Bank Ltd Singapore

● Remittance Reference: SAMC SWAN

(3) RMB ACCOUNT:

● Beneficiary: 浙江拍船网航运交易股份有限公司

● Account No.: 3420 0200 1012 0100 3787 39

● Beneficiary Bank: 浙商银行舟山分行

6. Contacts:

Ms. Wen：+86 18058087023 / 0580-2038333

[email protected]

Mr. Zhao：+86 18918041856 / 0580-2038333

[email protected]

Email: [email protected]
Source: Shipbid