Greater ChinaShipyards

New round of auctions for STX Dalian

Bankrupt shipyard STX Dalian is set to go through a new round of auctions following the failure of all three auctions for the shipyard’s entire assets in 2015.

Shanghai International Commodity Auction Company will hold two auctions for the shipyard’s assets on November 15 and November 21 respectively.

Asset at the shipyards will be split up and sold in separate auctions rather than being sold as a whole, with assets including land properties, machinery, vehicles, inventory and other ancillary facilities.

It was reported in May that Dalian Shipbuilding Industry was going to takeover STX Dalian, however the deal hasn’t eventuated.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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