China’s online vessel-trading platforms report a record year
The growing fleet of Chinese state owners and a boom in vessel trading this year has given a boost to Chinese shipping exchanges and their online auction platforms
Chinese shipping exchanges with online auction platforms are growing fast but their prospects are unclear. Critics argue that open auctions held online could exacerbate the deviation of vessel prices from fair value. Elsewhere in this budding field, the charm of private match-making remains undiminished