ShippingWatch
Carriers

Cosco to scrap 41 ships

China Cosco Holdings has chosen 41 ships that will be scrapped during 2014. This decision comes after the company early this year ordered its first new ships in a long time.
BY KATRINE GRØNVALD RAUN

China's largest shipping conglomerate, China Cosco Holdings, plans to scrap 41 ships in 2014. The company's senior executives have approved the "2014 China Cosco ship decommissioning plan," a move that comes in the wake of Cosco's decision to order new ships for the first time in five years. Four dry bulk vessels of 64,000 dwt each, and four VLCC's.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
!
!
Must contain at least 6 characters
!
Must contain at least 2 characters
!
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Related articles:

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

!
Newsletter terms

Front page now

Further reading