PDZ sends arrested feeder boxship to scrap

Malaysian owner PDZ has sold 1993-built 700 teu container vessel PDZ Mewah for scrap.

The vessel was arrested in January over unpaid bunker bills and released by the Kuala Lumpur High Court in June.

According to cash buyer GMS, the vessel was sold for $325 per ldt.

Following the disposal, PDZ’s fleet will be left with only one vessel, the 1997-built PDZ Maju.

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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