Greater China

Fredriksen cancels two more boxships at Shanghai Shipyard

Shanghai: John Fredriksen controlled Ship Finance International (SFI) announced that it has cancelled orders for two 4,800teu containerships at Shanghai Shipyard.

SFI said the cancellation was due to delayed delivery, with the two vessels scheduled to be delivered last year.

In February this year, SFI cancelled two vessels of the same type at Shanghai Shipyard.

SFI has requested Shanghai Shipyard to return the advance payment and relevant interest. [29/05/14]

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