Sponsored By

CSBC hit with order cancellation for feeder boxship

Taiwan’s shipbuilder CSBC Corp has received an order cancellation from Syra Shipping for a feeder container vessel.

Lee Hong Liang, Asia Correspondent

February 22, 2017

1 Min Read
Kalyakan - stock.adobe.com

Taipei-listed CSBC announced that the termination of the shipbuilding contract was raised by the shipowner in accordance to the terms and conditions of the contract.

The parties did not disclose the reasons behind the cancellation but the newbuilding delivery date had been delayed by more than one year since the original schedule fixed in the third quarter of 2015.

Syra Shipping had approach CSBC to construct the 1,800-teu boxship in January 2014 at a price of $25m.

About the Author

Lee Hong Liang

Asia Correspondent

Singapore-based Lee Hong Liang provides a significant boost to daily coverage of the Asian shipping markets, as well as bringing with him an in-depth specialist knowledge of the bunkering markets.

Throughout Hong Liang’s 14-year career as a maritime journalist, he has reported ‘live’ news from conferences, conducted one-on-one interviews with top officials, and had the ability to write hard news and featured stories.

 

Get the latest maritime news, analysis and more delivered to your inbox
Join 12,000+ members of the maritime community

You May Also Like