Chinese shipowners looking to add older tonnage to their fleet look to have under a month to do so before new age restrictions kick-in.
It is widely anticipated that China is going to restrict the age of imported vessels to a maximum age of 15 years as of 1 May 2018.
“Whilst we have not seen this confirmation in writing there is sufficient ‘noise’ coming from China to believe that this could be true,” Galbraith's said in a recent report.
