Jinhui sells four supramaxes for $48m

Jinhui Shipping and Transportation has sold four supramaxes at a total price of $48m to Chinese ship owning and chartering company Minyi (Tianjin) Ship Leasing, as Jinhui Shipping looks to optimise its fleet profile in the weak dry bulk shipping market. The four bulk carriers are the 2009-built 54,768-dwt Jin Shun, the 2009-built 54,768-dwt Jin Mao, the 2010-built 55,091-dwt Jin Heng, and the 2011-built 57,352-dwt Jin Feng. The four vessels will be delivered to the Chinese buyer between 1 March to 15 April 2017.