Greater China

CSD scraps three bulkers

Shanghai: China Shipping Development (CSD) has been actively optimizing its fleet structure. The company announced that it will scrap three bulkers “Zhen Fen 9”, “Zhen Fen 10” and “Ba Da Ling” from two of its subsidiaries China Shipping Bulk Carriers and Shanghai Yinhua Shipping.

The total capacity of the three vessels is 61,000dwt and average age of the vessels is 28 years. [17/04/14]

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