China Steel Express continues capesize clear out

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.

Hans Thaulow

Hans Henrik Thaulow is an Oslo-based journalist who has been covering the shipping industry for the last 15 years. As well as some work for the Informa Group, Hans was the China correspondent for TradeWinds. He also contributes to Maritime CEO magazine. Hans’ shipping background extends to working as a shipbroker trainee with Simpson, Spence & Young in Hong Kong.

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