Deals for South Korean and Japanese-built bulkers come as recyclers express concerns over Chinese-built tonnage
15 April 2024 3:19 GMT
Updated
15 April 2024 3:19 GMT
Two Chinese shipowners have joined their compatriots in selling veteran bulk carriers for recycling in on an as-is basis.
The sales come as some brokers reports that Bangladeshi ship recyclers are adjusting their offers on Chinese-built and owned bulkers downwards due to discrepancies in the stated deadweight tonnage of vessels and what actually shows up on the beach at Chattogram.