CSC Phoenix

25-December-2018

Chinese shipowner and operator CSC Phoenix submits the only bid and wins for two handysize dry bulk carriers of China Minsheng Bank. Handysize dry bulk carriers 2009 built 22K DWT MV Zhang Hen Hai and 2010 built 23K DWT MV Zhang Ling Hai were auctioned on an Alibaba platform. Chinese shipowner and operator CSC Phoenix won the auction.

MV Zhang Hen Hai and MV Zhang Ling Hai were constructed at Chinese Shipyard Zhejiang Changhong Shipbuilding. Previously, MV Zhang Hen Hai and MV Zhang Ling Hai were on bareboat charter to CSC Phoenix since March 2017 with options to acquire at the end of the charter period. China Minsheng Bank preferred to put MV Zhang Hen Hai and MV Zhang Ling Hai on an auction platform managed by Alibaba at the beginning of December 2018. Chinese shipowner and operator CSC Phoenix has a fleet of 27 vessels.