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
2199人
Source:Splash
Most ViewsHOT
- EuroDry signs for ultramax newbuilds
- Navigator boosts ethylene carrier orderbook
- Euroseas orders boxship brace in China
- CDB Leasing offloads kamsarmax trio at auction
- Monte Nero adds to product tanker orderbook in China
- Taiwan Navigation signs for Oshima ultramax newbuilds
- Dynacom back at Yangzijiang for more product tankers
- COSCO in for six VLCC newbuilds at Dalian
- Maran Gas inks LNG carrier pair at Hanwha Ocean
- Huanghai Shipbuilding bags deal for battery hybrid bulkers