Greater China

Two more CSC Phoenix vessels to be auctioned

Shanghai: CSC Phoenix announced that the company has received notice from Wuhan Maritime Court to auction two vessels of its subsidiary Changjiang Transport Technology.

The Wuhan branch of China Minsheng Bank filed a case to Wuhan Maritime Court to sue CSC Phoenix susbsidiary, Changjiang Transport Technology, over a ship loan dispute.

The two vessels, Chang Heng Hai and Chang Ling Hai, will be auctioned on 19 February at the court. [13/02/14]


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