Chang Myung Shipping scrapped panamax

Seoul based Chang Myung Shipping sent to demolition to Bangladesh for $3 million 1996 built panamax dry bulk carrier 71K DWT M/V C Iris which Chang Myung Shipping bought as M/V Claret in 2004 for $25.5m. Korean shipowner and operator Chang Myung
Shipping sold 5 capesize dry bulk carriers for scrap in 2016.