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Tankers and Gas China Asia Pacific

China’s Fenghai Shipping seals approval to restructure $1.3bn debts

Chemical and product tanker firm is the beneficiary owner of 25 vessels, with a combined carrying capacity of about 300,000 dwt, according to Lloyd’s List Intelligence data

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Domestic ship asset management firm Shanghai Platinum was said to be taking over Fenghai for Yuan1.3bn

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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