Precious Shipping is pressing ahead with plans to make its fleet younger, sending a 30-year-old handysize Chalothorn Naree for scrapping for US$1.51m.
In a release to the Thai stock exchange, Precious said that the scrapping was "in accordance with the company's strategy to rejuvenate its fleet by selling its older vessels and acquiring younger and bigger vessels".
Precious Sends 30-Year-Old Handy for Demolition
2016-07-27
2865人
Source：Splash
Most ViewsHOT
- JP Morgan tied to Hanwha VLCC brace
- Zhejiang Shipping seals New Dayang bulker deal
- Chinese liner queues up weekly Arctic boxship service
- Andriaki breaks newbuilding silence with LR1 pair
- CYH Shipping tied to Jiangnan VLGC series
- China Merchants Energy lines up 10-ship order
- Polaris lines up Vale-backed newcastlemaxes
- Shanghai Minsheng adds feeder pair at New Dayang
- EGPN steps into boxships with Huangpu Wenchong order
- MAC Shipping grows chemical tanker newbuild push
