China Merchants Energy Shipping (CMES) announced that it has sold one old 73,600 dwt bulk carrier Pacific Paradise to DSIC Marine Services for demolition. The disposal price of the ship is RMB20.36m.

CMES is currently optimizing its fleet. It ordered 12 capesize bulkers from September to December of 2013 and the ships are expected to be delivered from the third quarter of 2015 to the second quarter of 2016.