Jinhui Shipping & Transportation (Jinhui) through its subsidiary Jinshun Shipping Inc. sealed a contract on March 19 for the disposal of a supramax at a consideration of $8,260,000.
The bulk carrier Jin Shun is a supramax of deadweight 53,350 metric tonnes, built in 2007, and registered in Hong Kong.
The purchaser of the vessel Yuhe Shipping Limited is a company incorporated in Hong Kong and its principal activities are ship owning and ship operating.
The vessel which has been owned by the Group since 2021 will be handed over to its new owner between 20 April and 31 May.
The company said that the consideration of the vessel will be payable by the purchaser by cash in US dollars.
The group currently operates thirty-four vessels, of which twenty six are owned vessels (including the Jin Shun) and eight are chartered-in vessels, with total deadweight carrying capacity of approximately 2.5 million metric tonnes.
Jinhui operates a diversified fleet of dry bulk vessels, comprising capesize, panamax, ultramax, and supramax bulk carriers.