Dry CargoGreater China

Asia Energy Logistics offloads handy bulker

Hong Kong-listed Asia Energy Logistics has announced the sale of 2001-built handy bulker Asia Energy.

The 28,000 dwt Chinese-built vessel was sold to Shipping World 2000, an affiliate of Greece-based Blue Fleet Group, for a price of $3.3m.

The vessel will be delivered to the new owner in January next year.

The company said the sale is part of its fleet upgrade plans in order to comply with new regulations and the company is currently looking to buy a replacement vessel.

Following the sale, the fleet of Asia Energy Logistics will left with to two handy bulkers.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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