Greater China

Jinhui Shipping acquires bulker at Japanese shipyard

Hong Kong: Jinhui Shipping and Transportation has announced that Jinhai Marine, a wholly-owned subsidiary of the company, entered into a construction and sale contract with Sumitomo Corporation, a Japanese trading firm, to acquire a 60,000dwt bulk carrier at a Japanese shipyard for $29.1m.

The delivery of the vessel is scheduled before March 31, 2016. [11/04/14]

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