The bulk vessels will be sent to Digang Dili Dismantling Shipyard in China by early June.
“The board is of the view that, since the bulk vessels have reached 32 years. And have lost its commercial value because of their poor technical conditions, high repairing and maintenance costs and consecutive years of losses, the board decided to sell the bulk vessels as scrap steel vessels,” China Shipping said.
Copyright © 2024. All rights reserved. Seatrade, a trading name of Informa Markets (UK) Limited. Add Seatrade Maritime News to your Google News feed.