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Jinhui Shipping sells bulker to Gelico Shipping
Oslo-listed Jinhui Shipping has entered into an agreement with Greek company Gelico Shipping to sell handymax bulker Jin Bi for $3.5m. The Hong Kong-registered vessel will be delivered between September 20 and October 26. Jinhui Shipping said the directors continuously review market conditions and adjust the group’s fleet profile, and believe that the disposal will enable the group to enhance it working capital position and strengthen its liquidity. Jinhui Shipping reported a net loss of $39.14m for the first half of 2016.
Sold
SOLD FOR ABT US $3,8 MIL TO CHINESE BYRS
Sold
Sold for $3.80 Mill. to Chinese buyers
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