Apeejay Shipping buys and scraps bulkers in fleet renewal moves

Indian shipowner turns to China’s Minsheng Financial Leasing for replacement of outgoing 1996-built panamax

Apeejay Shipping's is replacing the 1996-built panamax bulker APJ Mahakali with a 2008-built panamax acquired from a Chinese leasing company.
Apeejay Shipping's is replacing the 1996-built panamax bulker APJ Mahakali with a 2008-built panamax acquired from a Chinese leasing company.Photo: Apeejay Shipping
Published 1 July 2024, 07:20Updated 1 July 2024, 08:59
Apeejay ShippingMinsheng Financial LeasingShip recyclingPanamax bulkersIndia