Vietnam’s Hoanh Son remains on a panamax charge

Qatari owner S’hail Shipping has made a decent profit on a rusty panamax sale to the fast-growing Hoanh Son Group S’hail has sold the 18-year-old panamax S’hail Al Dukhan to the Vietnamese infrastructure conglomerate. No price is attached to the deal, but VesselsValue indicates that the Namura-built ship is worth just under $12m. S’hail added …

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