iMarine

Jinhui Holding snaps up kamsarmax in latest fleet renewal move

On February 21st, Chinese bulker owner and operator Jinhui Holdings Company Limited issued an announcement on “Major Transaction – Acquisition of Vessel”,to further expanding its fleet.

The announcement disclosed that on February 21, Jinli Marine Inc., an indirect subsidiary of Jinhui Holdings, as the buyer, entered into the Vessel Purchase Agreement with Vincent ACL Ltd, the seller. The purchase price of the vessel is approximately US$31.12 million (HK$240 million). The vessel will be delivered by the seller during the period from April 1, 2024 to June 15, 2024 on a free-from-charter basis.

According to the announcement, the vessel is “VINCENT TRADER”, an 81,567 dwt bulk carrier registered in the Republic of Panama and the Philippines, which was built in 2019 by Jiangsu Hantong Group Co.

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