Jinhui Shipping Sells Three Bulk Carriers

Jinhui Shipping Hong Kong-based shipping company Jinhui Shipping and Transportation Limited has decided to sell three of its bulk carriers, according to data provided by VesselsValue. The bulkers in question are two Ultramaxes, the 2010-built Jin Ming and the 2011-built Jin Han, which were sold for USD 13.5 million and USD 14.5 million, respectively. Featuring 61,400 dwt, the vessels were bought by an undisclosed shipowner. The third vessel, the 2000-built Handymax Jin Bi, was sold for USD 3.5 million to an undisclosed Greek company. The ship is scheduled to join its news owner by the end of October. All three vessels were built by Japans shipbuilder Oshima Shipbuilding. In June 2016, the company disposed of another bulk carrier, namely the 2000-built Supramax Jin Rong, which was sold for USD 3.4 million to Hong Kongs He Sheng International. Following the sale of these vessels, Jinhui Shipping and Transportation operates a fleet of 30 bulk carriers, featuring over 1.8 million dwt. World Maritime News Staff