Hisashige Kisen Co, Wan Hai Lines and Salam Pacific Indonesia Lines are pruning their fleets as the intra-Asian trades show no signs of immediate improvement.
Cash buying sources say more are to follow in the forthcoming weeks, as Asian operators trim fleets and tonnage providers find little interest for their older ships in the charter market.
Hisashige Kisen’s 1,728-teu Kota Juta (built 2001) is the largest of the quartet heading for demolition.
