Jinhui Shipping & Transportation (Jinhui) via its subsidiary Jinsui Marine sealed a contract on November 24 for the disposal of a supramax at a consideration of $10,300,000.
The bulk service Jin Sui is a supramax of deadweight 56,968 metric tonnes, inbuilt 2008, and registered in Hong Kong.
The purchaser of the vessel Forever Win Shipping Restricted is an organization integrated in Hong Kong and is principally engaged in shipping operation.
The vessel which has been owned by the Group since 2008 will likely be handed over to its new proprietor between 1 December 2025 and 28 February 2026.
The corporate stated the disposal of the vessel is according to the continuing technique of the group to optimize its vessel fleet by sustaining a well-balanced portfolio of the vessel fleet and scale back its operational danger exposures in present unstable markets.
“The disposal of the vessel will allow the Group to improve its working capital place and additional strengthen its liquidity and total monetary place,” reads the assertion.
The group at present operates twenty-six vessels, of which twenty are owned vessels (together with the Jin Sui) and 6 are chartered-in vessels, with whole deadweight carrying capability of roughly 2 million metric tonnes.
Jinhui operates a diversified fleet of dry bulk vessels, comprising capesize, panamax, ultramax, and supramax bulk carriers.
