Sinokor Merchant Marine has sold its last converted bulker for recycling in Bangladesh.
The 156,800-dwt Shanghai Carrier (built 1991) is the fifth large bulker that the South Korean shipowner has scrapped since the beginning of the year.
The Shanghai Carrier will be recycled by Chattogram-based PHP Ship Breaking & Recycling Industries, Bangladesh’s only recycling facility that is certified under the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships.
