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
2740人
Source：Splash
Most ViewsHOT
- Xiamen Feihongshun upsizes boxship fleet with newbuild pair in China
- Eastern Pacific adds fresh suezmax pair in China push
- Peter Döhle extends boxship run with Chengxi contract
- COSCO targets dozen LNG dual-fuel boxships in $2bn move
- Zhonggu Logistics backs Wuhan Qingshan restart with 10-ship order
- Erasmus taps Huangpu Wenchong for boxship newbuilds
- Ciner adds six ultramaxes in fresh $204m China order
- Ningbo Ocean Shipping lines up fresh feeder boxship order
- China Merchants Energy stacks orderbook with 10-ship VLCC series
- Schoeller books more MPP tonnage in China
