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Home Dry Bulk Shipping News

Jinhui confirms supramax disposal

May 18, 2025
in Dry Bulk Shipping News
Jinhui confirms supramax disposal
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Chinese bulker owner and operator Jinhui Shipping and Transportation has confirmed its second supramax sale this year.
The Oslo- and Hong Kong-listed company said in a filing it will be shipping out the 2008-built 57,000 dwt Jin Tong to Marshall Islands-incorporated Famous Shine Development in a deal worth $10.22m.
Earlier this month, brokers told Splash the ship had been sold to Chinese buyers for $10.5m.
Jinhui has, since last yea,r mostly focused on fleet renewal through secondhand acquisitions and newbuilding orders after clearing out some of its vintage supramaxes in 2023.
In March, the company sealed its first sale in more than a year, offloading the 2007-built supramax Jin Shun to Hong Kong-incorporated Yuhe Shipping for $8.26m.
The company’s fleet currently counts 32 bulkers, of which 25 are owned.

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