Sinokor sale of boxship trio for scrapping collapses

The sale of three Sinokor Merchant Marine containerships for recycling has failed.

Sinokor missed the cancelling date and the cash buyer declined a request to extend, according to sources.

Singapore and London-based Somap International was reported to have secured a memorandum of agreement to acquire the ships in June. The cancelling date was the end of last month.

Involved in the deal were the 16,060-ldt, 4,050-teu Hongkong Bridge and Rotterdam Bridge (both built 2001), as reported earlier by TradeWinds.