Greater China

CMES scraps old bulker

Shanghai: China Merchants Energy Shipping (CMES) has announced that it has sold one 43,354dwt bulker to Jiangmen Zhongxin Shipbreaking & Steel Co for scrapping at a price of RMB10.86m.

CMES currently has 12 bulkers under construction to be delivered between the third quarter of 2015 and the second quarter of 2016. [10/10/14]

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