Jinhui offloads bulker for $23.455m in latest fleet renewal move

Jinhui Shipping & Transportation (Jinhui) through its wholly-owned subsidiary Jinping Marine sealed a contract on March 6 for the disposal of a bulk carrier at a consideration of $23.455m.

The Jin Ping is a bulk carrier of deadweight 63,485 metric tonnes, built in 2014, and registered in Hong Kong.

The purchaser of the vessel Hongkong Yiming Shipping Limited is a company incorporated in Hong Kong and is principally engaged in ship owning and operation.

The vessel which has been owned by the Group since 2022 will be handed over to its new owner between 1 June 2026 and 15 July 2026.

The company said the disposal of the vessel is in line with the ongoing strategy of the group to