On July 9, Fujian Guohang Ocean Shipping (Group) Co., Ltd. (Stock Abbreviation: Guohang Ocean Shipping, Stock Code: 833171) announced that the company had completed the public disposal of an aging bulk carrier.
The announcement stated that on July 8, the “Guodian 36,” owned by the company’s wholly-owned subsidiary Guomeng Lvneng (Shanghai) Shipping Co., Ltd., was successfully auctioned through Zhejiang Paichuanwang Shipping Exchange Co., Ltd. (website referred to as “Paichuanwang”). The starting bid was RMB 39.98 million, with a final transaction price of RMB 42.6 million.
Records show that the “Guodian 36” is a second-hand bulk carrier with over 20 years of service, built by Jiangsu New Century Shipbuilding in 2002, with a deadweight tonnage of 50,100 tons.
According to the announcement, as early as January 2024, Guohang Ocean Shipping had already begun planning this asset disposal. On January 22, 2024, the company held the 18th interim meeting of its eighth board of directors, where the “Proposal on the Sale of Guodian 36 by Wholly-Owned Subsidiary Guomeng Lvneng (Shanghai) Shipping Co., Ltd.” was reviewed and approved, unanimously agreeing to sell the vessel.
The successful sale of the “Guodian 36” marks another important step for Guohang Ocean Shipping in optimizing its fleet structure and revitalizing assets, reflecting the company’s strategic approach to the orderly withdrawal of aging shipping capacity from the market.
Guohang Ocean Shipping stated that after winning the auction for the “Guodian 36,” the bidder will need to sign relevant agreements with the vessel’s owner, Guomeng Lvneng (Shanghai) Shipping Co., Ltd., and complete the necessary delivery procedures.
