Ming Wah offloads elderly handymax

Ming Wah offloads elderly handymax

Ming Wah, a Hong Kong bulker subsidiary of China Merchants Energy Shipping (CMES), has just offloaded the 49,000 dwt  Pacific Dolphin for $3.3m, according to brokers.

The ship is the last of a veteran handymax sextet aged around 20-years-old laid out for sale earlier this year. All six were built at Japan’s Oshima Shipbuilding. Combined with a series of newbuilds delivering this year and next, Ming Wah’s average age of its fleet has dropped dramatically this year.

Hans Thaulow

Hans Henrik Thaulow is an Oslo-based journalist who has been covering the shipping industry for the last 15 years. As well as some work for the Informa Group, Hans was the China correspondent for TradeWinds. He also contributes to Maritime CEO magazine. Hans’ shipping background extends to working as a shipbroker trainee with Simpson, Spence & Young in Hong Kong.

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