Dalian Intermediate Court held an auction for two vessels at the bankrupt STX Dalian under the request of the yard's receiver on June 3. However, the auction fell through due to there being no bidders.

One day earlier, the second auction for STX Dalian and its six subsidiaries also fell through for the same reason.

The two vessels include one livestock carrier and one VLOC, and starting price for the two vessels was RMB135m (US$21.7m) and RMB181m (US$29.2m) respectively.

Earlier, STX Offshore & Shipbuilding claimed that it owns the two vessels and it has filed a complaint at Dalian Maritime Court, requesting to cancel the auction of the two vessels.

Dalian Shipbuilding Industry Corporation (DSIC) is said to be very likely to take over STX Dalian at the third round of auction at a knockdown price.