Another Hong Sheng Gang Tai ship to be auctioned off

Another Hong Sheng Gang Tai ship to be auctioned off

Ningbo Maritime Court has announced that it will auction multi-purpose vessel Gang Tai 1 (4,920dwt, built 2005) from defunct Hong Sheng Gang Tai Shipping on November 16.

The entire management team from the Shanghai-based company went missing in February this year leaving huge debts behind. The company has since suspended operations.

In September, the court held auctions for two ships belonging to Hong Sheng Gang Tai Shipping, Gang Tai 16 and Gang Tai 79.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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