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]