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Broken Up (since 07/07/2014)
Hainan PO Shipping sells fleet
The Chinese line Hainan PO Shipping has seen its idled container ship fleet sold to Chinese scrapyards and other shipowners. On 12 May, the 1990-built 2,900teu Shen Tou Wan was taken over by Zhoushan Changhong International Ship Recycling for CNY25M ($4M), a statement of the Shanghai Shipping Exchange said yesterday.
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