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China Merchants reviews chartering tactics as losses accumulate

China Merchants Energy Transportation (CMES) has reported an estimated total loss of RMB121.6m ($18.8m) across 14 bulkers it has chartered in. The losses come from four panamax bareboat charter contracts, four panamax time charter contracts and six woodchip carrier bareboat charter contracts. All of the contracts will expire in 2021 and 2022. The company estimated …

WP_Post Object ( [ID] => 239350 [post_author] => 75 [post_date] => 2021-01-29 05:42:25 [post_date_gmt] => 2021-01-29 05:42:25 [post_content] =>

China Merchants Energy Transportation (CMES) has reported an estimated total loss of RMB121.6m ($18.8m) across 14 bulkers it has chartered in. The losses come from four panamax bareboat charter contracts, four panamax time charter contracts and six woodchip carrier bareboat charter contracts. All of the contracts will expire in 2021 and 2022. The company estimated …

[post_title] => China Merchants reviews chartering tactics as losses accumulate [post_excerpt] => China Merchants Energy Transportation (CMES) has reported an estimated total loss of RMB121.6m ($18.8m) across 14 bulkers it has chartered in. The losses come from four panamax bareboat charter contracts, four panamax time charter contracts and six woo... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => china-merchants-reviews-chartering-tactics-as-losses-accumulate [to_ping] => [pinged] => [post_modified] => 2021-01-29 05:42:25 [post_modified_gmt] => 2021-01-29 05:42:25 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=135398 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )