Following the order of five 14,500 teu containerships, Cosco Group announced that it has sold eight old bulkers with a total capacity of 553,798 dwt for scrapping at a total price of RMB155m.
Shanghai: Following the order of five 14,500 teu containerships, Cosco Group announced that it has sold eight old bulkers with a total capacity of 553,798 dwt for scrapping at a total price of RMB155m.Cosco has made plans to scrap a total of 41 vessels this year as part of its fleet optimization plan.
