Dry CargoGreater China

Court to auction off two Tongcheng Shipping deck cargo carriers

Guangzhou Maritime Court has listed two 5,800 dwt deck cargo carriers, owned by Guangdong Tongcheng Shipping, for sale through an online auction.

The auction, scheduled on September 1, was organised by the company’s creditors due to debt disputes with the company.

The starting price for the 2010-built vessels Tong Cheng 603 and Tong Cheng 604 in the auction are RMB6.8m ($968,000) each.

Tongcheng Shipping runs a fleet of four deck cargo carriers, which are mainly used for transporting oversized cargo in the domestic market.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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