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Sudan Line ditches oldie
Sudan Line is down to one ship after selling its 12,100-dwt general cargo ship Darfur (built 1979) for demolition in India.
The Khartoum-based, state-owned company is likely to exit ship owning entirely in the near future as its remaining ship, the 12,900-dwt general cargo ship White Nile (built 1979) is also thought to be a prime scrap candidate.
Sudan Line was formed after the North African nation obtained independence in the early 1960s. Like many of its state-owned shipping peers in neighbouring African countries, it quickly assembled a large fleet comprising mostly of modern general cargo ships.
These companies were slow to adapt to containerization and gradually wound down ship-owning operations in the face of increased competition in a globalized shipping market. Only Egypt and Ethiopia still maintain profitable state-owned shipping fleets.
Sudan Line now derives most of its income from port agency and stevedoring services.