Dry CargoGreater China

Jinhui Shipping offloads ageing supramax

Chinese dry bulk owner Jinhui Shipping and Transportation has sold the 2002-built supramax bulker Jin Ping for $5.5m.

The vessel was sold to Xinfeng HK Shipping, a subsidiary of Chinese owner Xiamen Xinfeng Shipping, with delivery scheduled for before February 5, 2021. The sale price is slightly higher than the $5.1m valuation placed on the ship by VesselsValue.

Jinhui currently owns a fleet of two post-panamax bulkers and 17 supramaxes, while Xinfeng owns four smaller vessels in and around 8,000 dwt.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
Back to top button