Chang Myung Shipping

19-November-2016

Korean shipowner and operator Chang Myung sold it’s last 1995 built capesize bulk carrier 151K MV C March (ex MV Marina) to Pakistan scrapyard for about $5.6 million including bunkers. In 2005,  Chang Myung bought MV C March (ex MV Marina) for $51 million from Greek shipowner Lykiardopulo Family. In 2016, total of 70 capesize bulk carriers have been sold for scrap comparing with 2015 total 96 capesize bulk carriers sold for scrap.

7-September-2016

Seoul based Chang Myung Shipping sold 1996 built panamax dry bulk carrier 71K DWT MV C Iris (ex MV Claret) to Bangladesh scrapyard for about $3 million. In 2004, Korean shipowner Chang Myung Shipping bought MV C Iris (ex MV Claret) for about $25 million. In 2016, Korean shipowner and operator Chang Myung Shipping sold 5 capesize bulk carriers for scrap.