Dry CargoGreater China
China Steel Express continues capesize clear out
Taiwan’s China Steel Express Corporation has offloaded a vintage capesize, the 1997-built 154,000-dwt China Steel Express, sending it to scrap at $290 ldt.
The Taiwanese owner has reportedly offloaded three capes so far in 2016. In April the 1997-built China Steel Trader was sold, while in March it sold the 1997-built China Steel Investor and 1998-built China Steel Developer, all for scrap.
China Steel Express Corporation is listed in Equasis fleet register with 26 ships.