Greater China

China Shipping Haisheng disposes of chemical tanker

Shanghai: China Shipping Haisheng announced that its subsidiary Shanghai Jinhai Shipping & Trading has sold a 3,661dwt chemical tanker “Jin Hai Lian” to Fujian Xinyuan Shipbuilding for scrapping at a price of RMB2.99m.

China Shipping Haisheng said the chemical shipping market remains in the doldrums and domestic ports have strict rules on the age of chemical tankers, leading to the company’s decision to scrap the vessel. [11/06/14]

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