Core Viewpoint - Jinhui Group (00137) has announced the sale of a vessel by its indirect subsidiary Jinbi Marine Inc. for a price of $14.4 million (approximately HKD 112 million), which aligns with the company's strategy to optimize its fleet and reduce operational risks in a volatile market [1]. Group 1: Transaction Details - The vessel, a super handymax ship with a deadweight of 56,361 metric tons, was built in 2012 and is registered in Hong Kong [1]. - The sale agreement with the buyer, Xingle Investment Co., Ltd., is set to be executed after the trading period on December 2, 2025, with delivery scheduled between December 15, 2025, and January 30, 2026 [1]. - The seller guarantees that the vessel will be delivered free of any leases, encumbrances, mortgages, or maritime liens [1]. Group 2: Strategic Implications - The sale is part of the company's ongoing strategy to maintain a balanced fleet composition, which is essential for optimizing operations and managing risks in the current shipping market [1]. - The transaction is expected to enhance the company's working capital position and further strengthen its liquidity and overall financial condition [1].
金辉集团(00137)附属拟1440万美元出售一艘超级大灵便型船舶