Jinhui Marine Takes Ultramax On 20-23 Months’ Time Charter

Jinhui Marine Inc., a subsidiary of Oslo Stock Exchange listed Jinhui Shipping and Transportation Ltd, has announced that it has taken an Ultramax bulk carrier on Time charter.

The M/v “Xing He Hai” is a 61,473 mt dwt bulk carrier built 2016 flying the Singapore flag, and she has been taken by Jinhui Marine inc. on 20-23 months’ time charter from the shipowner Xinghe Shipping Pte. Ltd.

Delivery of the vessel is expected to be between 1^st May and 30^th June 2024, and as reported by the company the daily hire rate is USD 16,250 with 3.75% address commission.

Source: Jinhui Shipping and Transportation Ltd.