Taking advantage of the red-hot container shipping market, China’s largest domestic liner operator Zhonggu Logistics will reap a profit of at least US$69 million from selling four Panamax ships.
In a filing to the Shanghai Stock Exchange on 26 April, Zhonggu said that the ships, Zhong Gu Guang Dong (built 2008), Zhong Gu Guang Xi (built 2008), Zhong Gu He Bei (built 2005) and Zhong Gu Zhe Jiang (built 2004), will be sold to a major liner operator for a total of between US$128 million and US$135...
https://container-news.com/zhonggu-profits-from-panamax-quartet-sale/