Shipping & logistics Jinhui Shipping announces the sale of supramax bulk carrier 14 December, 2020 SHARE THIS ARTICLE Share Tweet Post Email MOST READ Markets & trade China's grain imports decline in the 2025/26 period Domestic production growth reduces reliance on April 15, 2025 Shipping & logistics Louis Dreyfus acquires grain complex in Santa Elena New logistics hub strengthens Argentine river April 16, 2025 Jinhui Shipping announces the sale of supramax bulk carrier The company expects to make a great profit from its latest sale {reg}Hong Kong-listed Jinhui Shipping and Transportation recently announced that it has sold the 2004-built supramax bulk carrier Jin Cheng to Hong Kong private company, Perfect Shipping, for USD 13.9 million, reports Hongkong Maritime Hub. According to Jinhui Shipping, it expected a gain of around USD 6 million following its original purchase of the vessel from Sea Venture Navigation, for USD 7.27 million, in 2021. The company stated that it believes the sale will enable them to enhance its working capital position, as well as its liquidity. Jinhui Shipping concluded that it will keep working towards the quality of the group's fleet. Sign in Don't have any account? Create one SHOW Forgot your username/ password? Log in Terms Of Service Privacy Policy This site is protected by reCAPTCHA and Terms of Service apply Sign in as: User Registration * Required field Sign In Information Personal Information Agree Yes No Terms of Service:You consent that we will collect the information you have provided us herein as well as subsequent use of our platform to render and personalize our services, send you newsletters and occasionally provide you with other information. * Fields marked with an asterisk (*) are required. Register SaveCookies user preferencesWe use cookies to ensure you to get the best experience on our website. If you decline the use of cookies, this website may not function as expected.Accept allDecline allCW GroupNewsAcceptDecline
