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U Ming Marine Transport have sold their Panamax “Cemtex Pioneer” 78/2004 China Shipbuilding Kao, Taiwan with DD 04/2019 to Chinese buyers at levels USD 7,3 mill.

Third soybean vessel left in limbo unloads cargo in China

The "Cemtex Pioneer", one of the vessels carrying U.S. soybeans that was caught up in the China-U.S. trade row, has left the port of Nantong near Shanghai on Aug 19. 2018. The vessel's draft was now at 58 percent of its maximum, indicating that it has unloaded its cargo, according to the Eikon data, which showed the ship now headed for the port of Abbot Point. The "Cemtex Pioneer", which was previously fully laden in port, was the third vessel to unload a U.S. soybean cargo in China over the past week after sitting at anchor off the coast since July. The "Peak Pegasus" and "Star Jennifer" earlier unloaded their cargoes at the northeastern port of Dalian. All three cargoes incurred a 25 percent import tariff on U.S. soybean imposed by Beijing from July 6.