Guangzhou Maritime Court
of the People's Republic of China
Auction Notice
Case File No.（2021）YUE72CAIBAO29th
In accordance with the effective civil verdict, the Court has launched the public auction procedure of MV ANGELIC POWER, owned by ANGELIKI DYNAMIS INVESTMENT CORPORATION. The announcement is as follows:
1. The Lot
MV ANGELIC POWER, a marine vessel berthed at Guishan Anchorage. The ship's particulars, including basic information and relevant reports are listed or enclosed in the auction website.
2. Auction Method
The Court has founded a ship auction committee by law to execute the e-bidding procedure run on the Taobao judicial auction platform. You can find the platform URL by logging in the website of Guangzhou Maritime Court.
3. Qualification for a Bidder
Any natural persons, legal persons or other organizations with full capacity for civil acts are allowed to participate.
A bidder without a Taobao account can entrust another person with such an account and full capacity for civil acts to bid on behalf of the consignor. Under such circumstance, the bidder is requested to submit a power of attorney bearing the bidder’s signature or seal to the Court three working days before the auction begins. The bidder or consignee should go to the Court to sign a letter of confirmation for conclusion and handle the delivery procedures after the auction is completed. But the bidding acts will be deemed taken by the consignee rather than the consignor in the lack of POA paperwork.
If an unqualified bidder bids, the bidder shall bear the related legal responsibility.
4. Auction Time
Form 10:00 am, Sep 27, 2021 to 10:00 am, Sep 28, 2021. The auction has a time extending mechanism, which means it will add 5 minutes automatically if there comes out a higher price offer in the last 5 minutes till the auction ends.
5. Bidding Rules
The starting price is 80 million yuan with a deposit of 16 million yuan or 2.3 million US dollars, and each price offer is 50,000 yuan or its integer multiples higher. The deposit can be paid in US dollars but it shall be successfully transferred to the designated USD account below within ten days before the auction begins. Meanwhile the USD transaction receipt shall be faxed to +86（20）89441831. If only one bidder offers no less than the starting price, the deal is concluded.
Before the auction, Taobao will freeze bidders’ Alipay accounts as deposits, and the accounts will be automatically unfrozen if their bids are not concluded. And the deposits are interest exempt both in the Alipay accounts and the designated USD account. The Vendee’s deposit will be automatically transferred to the Court’s designated accounts and the balance must be paid to the accounts within seven working days when the auction time ends. Additionally, please leave a remark of Remainder of （2021）YUE72CAIBAO29th.
Designated CNY Account:
Beneficiary: 广州海事法院
Bank: 中国建设银行广州新港路支行
Account Number: 44001430404053004769-0002
Designated USD Account:
Beneficiary: 广州海事法院
Bank: 中国农业银行广州新滘支行
Account Number: 44048214040000136
If the winner pays the balance in USD, the amount will be calculated by the central parity rate of USD/CNY of the auction closing date announced by China Foreign Exchange Trade System (http://www.pbc.gov.cn/zhengcehuobisi/125207/125217/125925/index.html) on behalf of the People's Bank of China.
All bidders should find out Auction Instructions issued by the Court before the auction.
6. Consultancy & inspection
The consulting and inspection hotlines listed below are available from now on. Any intended bidders are welcome to contact the Court by sending a message in the form of “Inspection-Name-Tel” to cell phone No. 0086-13660242110 twenty days before the auction, and the inspection time and location will be arranged afterwards.
7. The ship’s particulars mentioned above are only for reference, which means the Court shall not assume any liability for defects or quality problems of the bidding object. Attention, the intended bidders please survey the ship on site and those who fail to do so shall be deemed to have recognized and accepted the status quo, and also be responsible for the defects and quality problems. The ship will be delivered at the foresaid anchorage in the status quo, and the vendee should pay for the remained fuel oil settled at the market price in addition to the auction price.
8. The vendee in entitled to conduct ownership transfer registration procedure under the guidance of competent authorities with the legal documents issued by the Court, and shall bear all taxes, costs and potential fees. Attention, the bidding object is a foreign ship, please contact and consult the competent authorities for more information.
9. Anyone having an interest in the bidding ship, including the lawsuit parties, security right holders and the preemptive right holders, can sign up for auction, and if not, please pay close attention to it. If the ship’s preemptive right holders aren’t enrolled for bidding, then those holders will be regarded as having given up the priority.
10. The creditors shall file applications to the Court to register their rights relating to the bidding ship within 60 days after the last issuance of this notice. Otherwise, the right to the repayment of debt from the proceeds of the auction shall be deemed as having been waived.
11. Contact Information
Creditors’ Rights Registration: 0086-020-34063863.
Inspection: 0086-020-80929079/80929039.
Online Auction: 0086-020-34063680/89104345.
Supervision: 0086-020-34063810/89024639.
Taobao Technical Support: 0086-4008222870.
The Court’s Add: No.863, Nanzhou Road, Haizhu District, Guangzhou City, Guangdong Province, China.
Official Website: http://www.gzhsfy.gov.cn/
E-mail: pm@gzhsfy.gov.cn
August 16, 2021
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