Dry CargoGreater China

Zhangzhou Shipping moves to clear out fleet with handy bulker auction

China’s state-run Fujian Province Zhangzhou Shipping has listed its only two vessels up for auction sale on Guangzhou Shipping Exchange.

The starting price for the 1994-built 22,100 dwt bulker Qi Chen and the 1996-built 27,900 dwt bulker Qi Sheng is $2.05m and $2.35m respectively.

Zhangzhou Shipping is a subsidiary of state-run Zhangzhou Transport Development Group. Following the sale, the company’s fleet will be entirely clear out.

 

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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