Ningbo Maritime Court will hold an auction for 2008-built handymax bulker HUA YUN 5 via online platform Taobao on August 21
Ningbo Maritime Court will hold an auction for 2008-built handymax bulker HUA YUN 5 via online platform Taobao on August 21. The proceeds from the auction will be used to solve a debt dispute between the ship’s owner Zhejiang Hua Yun Shipping and its creditors. The starting price for the vessel in the auction is RMB29.36m ($4.28m)
