MV. Wan Hai 262, Wan Hi 263, Wan Hai 265, Wan Hai 266, Wan Hai 267 & Wan Hai 231 (the Vessel or "Vessel") for 2nd hand vessel and demolition Sale

16 June 2023

Dear All,


We (the Seller or "Seller") hereby announce for putting the containerships, MV. Wan Hai 262, Wan Hai 263, Wan Hai 265, Wan Hai 266, Wan Hai 267 & Wan Hai 231 (the Vessel or "Vessel") up for 2nd hand vessel and demolition sale. Your reputable & capable company (the Buyer or "Buyer") who are interested are welcomed to join the Bid for the vessel pursuant to the following details and requirements herein:

The interested Bidder submit your offer for 2nd hand Sale or demolition Sale and shall be deemed to be fully aware of, accepting and complying with the contents of this announcement and the measures for the implementation of the bidding. After comprehensive evaluation, the Seller will select the suitable offer(s) to the 2nd round short list for further biddings, at seller's sole discretion to proceed with final round of competitive bidding.



2. Buyer's supportive documents of qualification:


Please provide Buyer's registered name, address, directors' name, full background including major deal records during years between 2018-2023. "Buyer or its Nominee" will not be accepted unless guaranteed by the Buyer's Parent Company.

3. Submission of Bids

3-1 : 2nd hand vessel Sale: Buyer please submit offers. And Buyer to confirm the rate validity until 2023/7/21.
Delivery schedule: 2023/7/27- 2023/9/30 in Seller's option for 2nd hand vessel sale.
Delivery: S. Japan ~ Port Kelang Range including S. Korea, China, Taiwan, Thailand, Philippine, Indonesia, Vietnam, Singapore, other South East Asia countries and India.

The 2nd hand vessel's Buyer guarantee that the Vessel will be used for trading at least 1 year.

The Seller has also ordered the following parts/facility for the following vessels and the Buyers will take over and pay for them- as extra payment in addition to the Purchase Price. Following parts/facility with estimated amount for Buyers' reference and all shall subject to actual amount of invoices.

Wan Hai 262: Anti-Fouling Paint : Nippon Paint, Fastar : Estimated USD 101,000
Wan Hai 263: EPL Parts : Estimated JPY 2,159,220
Wan Hai 266: (1) LCD Display (C/R or W/H): Estimated JPY 663,300 &

(2) Cylinder Cover: Estimated JPY 3,182,500
Buyers will also pay the cost for the transportation from the manufacturers' stored places to the place that Buyers will designate.
Vessel Inspection: It's welcome interested 2nd hand buyers refer to the following port calling schedule for inspection.



3-2 Demolition Sale : Please submit your offer based on the vessel to be dismantled at the following options (We prefer Option A) :

Option A : The green recycling yards outside India, Bangladesh and Pakistan countries, holding valid Statement of Compliance with HKC and/or EU SRR certified by Classification society and can provide ESM (Environment Safety Management) that can meet Basel Convention Regulation. Buyer shall indicate their arranged shipyard names and provide related certificate copies when submit your offer. Brokers may approach the yards and invite yards' offer(s).

Option B : One of the following ten (10) green recycling yards holding valid Statement of Compliance with HKC certified by Classification society, which will be nominated by the Buyers :

(1) Priya Blue Industries Pvt. Ltd. (Plot No.V1)
(2) R.K. Industries (Plot No.V7)
(3) Shree Ram Vessel Scrap Pvt. Ltd (Plot No.78)
(4) Y.S. Investments (Plot No.59)
(5) JRD Industries (Plot No.30)
(6) Baijnath Melaram (Plot No.13)
(7) Leela Ship Recycling Pvt. Ltd. (Plot No.2)
(8) R.L. Kalthia Ship Breaking Pvt. Ltd. (Plot No.19)
(9) Bansal Shipbreakers (Plot No.25)
(10)Alang Auto & General Engineering Co. Pvt. Ltd. (Plot No.24)

The Seller shall, under their own cost, arrange a supervision company according to Seller's final decision on choosing one supervision company. The Buyer undertake and accept Seller sole and final decision on choosing the supervision company for this vessel.

Buyer please submit offers for the following delivery range. Also to break down the rate structure, brokerage and identify the brokerage to be paid by the Buyer or Seller. And Buyer to confirm the rate validity until 2023/7/21.

Delivery schedule : 2023/7/27 - 2023/9/30 in Seller's option and consideration.

Delivery : (1) Korea-Japan range
(2) Hong Kong- Taiwan range
(3) South East Asia countries
(4) Nhava Sheva/Chennai/Madras of India
(1)~(4) are for delivery of the Vessel as-is-where-is basis
(5) Other positions proposed by Buyer for Seller's consideration

4. MOA :
4-1 : 2nd hand vessel Sale : As per Sellers' Proforma MOA. It will be provided after the vessel inspection is arranged.
4-2 : Demolition Sale : All other terms and conditions as per attached Seller's proforma MOA for demolition sale with logical amendment only. We welcome any interested Bidder to contact with us via the following group e-mail box: 10team@wanhai.com via E-mail. And then we will provide it.

The bidder who have intention to join this Bidding shall, upon acceptance to the terms and conditions hereunder, submit its bid to the e-mail address as mentioned below by e-mail at no later than 1530 hours on 3rd July 2023 (Taipei Time). The interested Bidder submit price and shall be deemed to be fully aware of, accepting and complying with the contents of this announcement and the measures for the implementation of the bidding. Upon the comprehensive evaluation, the Seller in its sole discretion, will select those suitable bids to the 2nd round short list for further biddings, at seller's sole direction to proceed with final round of competitive bidding. Buyer's offer are required to be directly sent to the e-mail box: 10@wanhai.com via E-mail.

Wan Hai Lines Ltd. press release