Dry CargoGreater China
Another Di Yuan Shipping bulker to be auctioned by court
Guangzhou Maritime Court will hold an auction for defunct Shantou Di Yuan Shipping’s 2009-built bulk carrier Di He on October 29.
The valuation price of the vessel is RMB40m ($5.78m).
Di Yuan Shipping suspended operations last year after it was hit by a financial crisis and most of the company’s vessels have been seized by the court.
In August, the court sold off two Di Yuan vessels, the 2009-built Di Sheng and the 2011-built Di Kun.