Court Auction in Korea

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

INSPECTABLE IN KOREA ANYTIME BY ARRANGEMENT !!!
FOR INSPECTION PERMISSION PLS SEND US INSPECTOR'S PASSPORT COPY.

1) 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 22nd Apr 2015
    2nd round Minimum Auction Price Price 971,762,000 Korean Won (US$
882,136)


2) 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 22nd Apr 2015
    2nd round Minimum Auction Price Price 793,506,000 Korean Won (US$
720,321)


3)  MV Sea Nuri  3,175 dwt '94 blt in Japan M/E Hanshin 1,471 kw
General Cargo Ship
     
    Auction sale in Changwon, Korea : 1000hrs 10th Apr 2015
    4th round Minimum Auction Price Price 1,140,210,000 Korean Won
(US$ 1,035,049)


4)  MV Asian Ace  3,525 GRT/2,736 dwt '85 blt RORO Ship M/E Hitachi
2,942 kw
   
    Auction sale in Changwon, Korea : 1000hrs 21st Apr 2015
    10th round Minimum Auction Price Price 423,978,000 Korean Won
(US$ 384,474)



- 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.
 
΅α Necessary Documents
    Comapny registry Certificate, POA & Passport

- Other terms

  (1) On  ''AS IS/ WHERE IS'' basis
    (2)  Currecncy : Korean Won