20 July 2015

Update - Court auction in Korea - Panamax & General Cargo Ship

From :  GSC Marine Corporation, Korea
             Tel        : +82 2 717 8450    MOB    : +82 10 2996 8450         
             Email    :
snp@gscmct.co.kr ( Sale & Purchase )
             MSN   :
h66jung@hotmail.com (Chat)
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ATTN : S+P Dept.
 

 
Court Auction in Korea
================
 

INSPECTABLE IN KOREA ANYTIME BY ARRANGEMENT !!!

 

FOR INSPECTION PERMISSION PLS SEND US INSPECTOR'S PASSPORT COPY.

 

1)  MV Kanishka  76,286 DWT '05 blt in Tsuneishi Japan Panamax

                                   NK Class SS/DD Jan/20 Jan/18

      Auction sale in Busan, Korea : 1000hrs 28th July 2015

        2nd round Minimum Auction Price Price 10,063,092,000 Korean Won (US$ 9,052,799)

 

 

2)  MV TY Song  5,070 DWT '08 blt in China Gearless Single Decker

                                 KR Class SS/DD JAN/2018 JAN/2016

      Auction sale in Kwangju, Korea : 1000hrs 10th August 2015

        1st round Minimum Auction Price Price 2,060,679,000 Korean Won (US$ 1,841,536)

 

 

3)  MV Eruo Ace  4,000 DWT '96 blt in Japan KR Class 1H/1H Gearless Single decker

     

     Auction sale in Busan, Korea : 1000hrs 28th July 2015

       2nd round Minimum Auction Price Price 1,892,271,000 Korean Won (US$ 1,702,294)

 

4) MV Sea Daon   2,476 DWT '92 blt in Japan M/E Niigata 1,324 kw General Cargo Ship

     Auction sale in Changwon, Korea : 1000hrs 24th July 2015

       5th round Minimum Auction Price Price 497,542,000 Korean Won (US$ 447,590)

 

 

5) MV Sea Orion  2,427 DWT '89 blt in Japan M/E Hanshin 1,213 kw General Cargo Ship

     

     Auction sale in Changwon, Korea : 1000hrs 24th July 2015

       5th round Minimum Auction Price Price 406,275,000 Korean Won (US$ 365,486)

 

■ Bidding Procedures
 
    (1) 10 % Security Money of Minimum Auction Price 
          to be paid/submitted to the Administrator IN CASH OR IN CHECK (mainly in Check )
    (2) If the tender is successful it will take 2 weeks for final decision by Judge 
    (3) If the fianl decision obtained The Buyers shall pay the Balance within 3 weeks
    (4) If not awarded 10% security money in check will be returned to Buyer immeidately on spot.
 
■ Necessary Documents   
    Comapny registry Certificate, POA & Passport
 
■ Other terms
 
     (1) On  'AS IS/ WHERE IS' basis
     (2)  Currecncy : Korean Won
     (3)  Commission of bidding price to be paid for us on delivery by Buyers.
 
 
 
B.Rgds / HJ Ko (고 현중) | SHIPBROKER - S&P