CSCL announced today the sale of two containerships to CIC Digang for their eventual scrapping.
The two vessels are the Xiang Hu and the Xiang Kai, both built in 1985 with capacities of 996 and 1020 TEUs respectively.
The vessels were sold for a total consideration of RMB 33,858,897 (USD $5.5 million) and will be delivered to CIC Digang no later than 30 September.
Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.
Join the 108,964 members that receive our newsletter.
Have a news tip? Let us know.
Liquid natural gas producers have been avoiding the Red Sea for much of 2024 amid continuous attacks by Houthi militants. This may now be changing as the first LNG carrier...
A US aircraft carrier strike group left the Red Sea for Europe weeks after Yemen’s Houthi rebel group said it will stop attacking vessels in the region.
China's retaliatory tariffs on the United States may cause U.S. oil exports to decline in 2025 for the first time since the COVID-19 pandemic, after growth plateaued last year.
Maritime and offshore news trusted by our 108,964 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up
Join The Club
