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 1st May and 30th 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.