Dry CargoGreater China

Jinhui splashes $34.5m on supramax pair

Chinese dry bulk owner Jinhui Shipping and Transportation has acquired two Chinese-built (2012) supramaxes, Pacific Crown and Pacific Bless, paying $17.25m for each vessel.

The vessels were acquired from South Korean firm Kmarin, with deliveries scheduled for the first quarter of 2022.

Jinhui currently owns a fleet of 24 bulkers, and says the acquisitions will allow the company to generate more income and increased returns.

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.
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