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Ningbo Maritime Court trumpets F Elephant sale

Shanghai: The vessel F Elephant linked to TMT will be sold for public auction by Ningbo Maritime Court again after the first auction failed on 6 May.

The ship is open for potential buyers to board and check till 15 May, and the public auction will be held on 16 May at Ningbo Maritime Court. According to the court notice released yesterday, each buyer must submit a RMB5m downpayment to the auction committee before bidding starts. [08/05/13]

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