Hong Kong financial leasing player Tiger Group has terminated bareboat charters on four capesize bulkers, ending its turbulent history with Gao Yanming’s Hebei Ocean Shipping Co (Hosco).
Tiger Group partner Graham Porter says Greathorse Shipping, Tiger’s Shanghai-based bulker and chemical carrier operating affiliate, took redelivery of the Beihai Shipyard-built 180,100-dwt Glory China (built 2010), Hebei Joyce, Power China and Rich China (all built 2011) on Monday.
