Ningbo Maritime Court is going to auction Ningbo Pacific Shipping's 6,7119dwt bulker carrier Tuo Zhan 7 via online platform Taobao on March 6, at the request of creditor Bank of Communications.
Bank of Communications filed a lawsuit against Ningbo Pacific Shipping at the court in November 2015, as the latter had been unable to repay bank loan of RMB57m (US$8.29) in total.
The vessel is currently detained near Zhoushan. The starting price for the auction is RMB20.6m (US$3m).
Another two vessels belonging to Ningbo Pacific Shipping, Tuo Zhan 1 and Tuo Zhan 2, were sold in auctions in January at the request of Bank of Communications.
Ningbo Pacific Shipping Bulker to Be Auctioned
2017-02-27
2423人
Source：Splash
Most ViewsHOT
- Greek owners Economou and Laskaridis extend VLCC order boom at Hengli
- Thenamaris returns to tanker newbuilds with suezmax brace in China
- Fujian Guohang drops two bulker orders at Jiangsu Haitong
- Star Bulk tied to fresh kamsarmax orders at Hengli
- Costamare lifts Chinese newbuild series to six boxships
- Latsco firms up boxship brace at Huangpu Wenchong
- Ebe breaks new ground with Chinese newcastlemax order
- COSCO unveils $1.75bn shipbuilding spree for 29 new vessels
- Capital Maritime adds capesize brace to expanding Chinese orderbook
- New Pure Car and Truck Carrier Delivered to Grimaldi Group by Chinese Shipbuilder
