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
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Source：Splash
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