Sale of two Chinese kamsarmaxes spotlights falling bulker

Shandong Shipping is navigating challenging waters as it considers selling two of its five kamsarmax vessels at lower-than-expected prices. The company, facing a downturn in the dry bulk market, is reportedly in negotiations to sell the Shandong Fu Ze and Shandong Fu Yuan for $23.5 million each. These transactions highlight the ongoing struggles within the … Continue reading Sale of two Chinese kamsarmaxes spotlights falling bulker