COSCO Corp. (Singapore) Ltd. has sold four of its older vessels for US$34 million as part of an ongoing fleet renewal exercise and will realize a profit of about US$14.2 million from the sale, the Singapore-listed Chinese shipping and ship-repair company said Tuesday.
Green Marine
about 20 years ago
COSCO Singapore Sells 4 Vessels For US$34M
COSCO Corp. (Singapore) Ltd. has sold four of its older vessels for US$34 million as part of an ongoing fleet renewal exercise and will realize a profit of about US$14.2 million from the sale, the Singapore-listed Chinese shipping and ship-repair company said Tuesday.
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