Jinhui Holdings has signed an agreement to sell the Ultramax bulk carrier Jin Ping to Hongkong Yiming Shipping for $23.455 million. Jinping Marine, an indirect subsidiary of the group, finalised the memorandum of agreement on March 6.
Delivery of the vessel is scheduled to take place between June 1 and July 15. Built in 2014, the Hong Kong-registered ship has a deadweight tonnage of 63,485. The group reported that the asset had an unaudited net book value of approximately HK$155.4 million ($19.92 million) at the end of December 31, 2025.
Source: Baird