Bangladeshi shipbreakers buy largest VLOC scrapped so far

CHINA’S Hosco has sold the largest dry bulk vessel sent for scrap since the shipping downturn took hold in 2009, as older uneconomical vessels continue to head to shipbreaking yards after struggling to compete in chartering markets.Hosco sold the 1990-built, 280,923 dwt very large ore...

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Revised port rules retain Beijing’s valemax ban

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