Jinhui Shipping sells final handysize

Jinhui

Jinhui Shipping and Transportation Limited has sold its last Handysize dry bulk carrier, Jin Yu, to Inui Global Logistics for USD 15 million.

The vessel will be delivered to Inui between 15 May 2017 and 15 June 2017.

The 38,462 dwt dry bulker was built in 2012 at Naikai Zosen and is registered in Hong Kong.

Jinhui will use approximately 75% of the net sale proceeds received pursuant to the agreement for the repayment of vessel mortgage loan and the remaining portion of the net sale proceeds will be kept as general working capital of the group.

 

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[…] The 38,462 dwt dry bulker was built in 2012 at Naikai Zosen and is registered in Hong Kong. Jinhui will use approximately 75% of the net sale proceeds received pursuant to the agreement for the repayment of vessel mortgage loan and the remaining portion of … ( read original story …) […]

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