Court To Auction Jiangsu Dulin Shipping Product Tanker

 

Via splash247.com

Ningbo Maritime Court will auction off 2013-built product tanker Du Hang 16 via online platform Taobao on February 26.

The 4,705 dwt tanker is owned by Jiangsu Dulin Shipping, which went bankrupt in 2017, and proceeds from the sale will be used to repay debts to the company’s creditors.

The starting price for the vessel is RMB13.44m ($2.13m).

 

Read more…

Editorial Team

Our Editorial Team curates "news you can use" from hundreds of local newspapers, magazines, blogs and online sources, press releases, radio and TV news shows from around the world. We take great pride in being providing Daily Business Intelligence that's all business and no politics.