Greater ChinaTankers

GNG lists chemical tanker for sale

Chinese owner Guangdong Navigation Group (GNG) has listed its 1998-built chemical tanker Yue You 902 for sale on the Guangzhou Shipping Exchange.

GNG has received an approval from the ship’s mortgagee Waibert Steamship for the potential sale.

The price listed by the company for the South Korean-built 11,122 dwt tanker is $3.96m. VesselsValue’s valuation of the vessel is $2.83m.

GNG currently owns a fleet of nine vessels, made up of four bulkers and five tankers.

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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