Qingdao Maritime Court will auction four newbuild chemical tankers from bankrupt Shandong Rushan Shipbuilding via online platform Taobao on August 30.
The 21,000 dwt vessel Long He and 15,900 dwt Long Shun were originally ordered by Italian owner Marnavi, and the 6,500 dwt Long An and Long Ping were ordered by Danish owner Erria.
The vessels were abandoned by the owners due to delayed deliveries and are now controlled by Agricultural Bank Of China in a loan dispute with the shipyard.
The court will sell the four vessels en bloc with a starting price of RMB68.09m ($9.66m) in the auction.
Rushan Shipbuilding was declared bankrupt by a court in 2018.