Minsheng Shipping makes cape debut

Minsheng Shipping makes cape debut

Minsheng Shipping, a subsidiary of the large private integrated Minsheng logistics group, has added its first cape.

The low profile Chinese outfit has emerged as the taker of the 180,200 dwt Nord Steel (built 2007). The ship was first reported sold to an unnamed owner a couple of weeks ago. Splash understands that the seller, Singapore based Singa Star, managed to get $17.8m for the Japanese-built ship. With the sale Singa Star is exiting shipping.

Minsheng Shipping has four young roros with a carrying capacity of 800 cars each for the inland river market and a couple of feeder boxships according to data from VesselsValue.

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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