Myanmar's Continental Investment Holdings (CIH) has been making the most of high demolition prices by sending five containerships for scrapping in recent weeks. CIH had built up a fleet of secondhand boxships in the past four years but has now disposed of some of its oldest ships - all 1990s built and below 1,500 teu.
Burmese Owner Sends 5 for Scrapping
2017-04-13
2800人
Source：Splash
Most ViewsHOT
- Ningbo Ocean Shipping back at Huangpu Wenchong for 4，300 teu series
- Carisbrooke lines up newbuilds in China
- Meratus adds more feeders at Guangxi Shipbuilding
- Seaspan grows newbuild pipeline with 12-ship deal in China
- Nanjing Tanker in for LR2 newbuilds
- Dajin Heavy seals deal for six MPP newbuilds
- King Ship returns for four more bulkers at Taizhou Zhonghang
- TS Lines adds to newbuild series in China
- Eastern Pacific lines up feeder boxship series at Mawei Shipyard
- Jinhui continues ship sales with fifth deal of the year
