Core Viewpoint - The company, Intercontinental Shipping (02409), has entered into an agreement to sell a bulk carrier to Dexter Navigation Ltd for a maximum price of $26.7 million, aligning with its strategy to optimize its fleet composition and improve liquidity [1] Group 1: Transaction Details - The vessel is a bulk carrier built in 2019 with a total tonnage of 44,038 tons [1] - The seller, Seacon Shanghai Ltd, is a wholly-owned subsidiary of the company, and the vessel is currently leased to the seller by Tianjin Shipping Leasing Co., Ltd. under a bareboat charter [1] - The seller plans to exercise a purchase option to acquire the vessel before the delivery date, which will then be delivered to the buyer as per the agreement [1] Group 2: Strategic Implications - The sale is seen as an opportunity to sell the vessel at a reasonable price, which will enhance the company's working capital and liquidity [1] - The proceeds from the sale will be used to fund the acquisition of new vessels, further optimizing the company's fleet composition [1] - The company will continue to monitor the current market conditions in the shipping industry and adjust its fleet composition as necessary [1]
洲际船务(02409)拟最高2670万美元出售一艘散货船