Core Viewpoint - The company has entered into two shipbuilding contracts for the construction of two bulk carriers, reflecting its strategy to modernize and expand its fleet while phasing out older vessels [1][2]. Group 1: Shipbuilding Contracts - The company’s indirect subsidiaries, Jinlang Marine Inc. and Jinyu Marine Inc., have signed contracts with Sumida Shipbuilding Co., Ltd. for the construction of two bulk carriers at a contract price of $34 million each, totaling $68 million [1]. - The first vessel is scheduled for delivery by May 15, 2029, and the second vessel by July 31, 2029, both with a deadweight of 64,100 metric tons [1]. Group 2: Fleet Modernization Strategy - The acquisition of the new vessels aligns with the company's ongoing strategy to modernize its fleet with larger and higher-quality ships, replacing older vessels [2]. - The company has noted a lack of suitable second-hand vessels in the market that meet the required specifications, delivery timelines, and reasonable pricing [2]. - The new vessels are expected to enhance fuel efficiency and operational efficiency, complying with the latest maritime regulations and environmental standards [2]. Group 3: Revenue Generation - Upon completion of the vessel acquisitions, the ships will be leased to third parties for the transportation of bulk dry goods, generating regular freight and charter income for the company [2]. - The company currently operates 21 vessels, including 18 owned and 3 leased, with a total carrying capacity of approximately 1.7 million metric tons [2].
金辉集团(00137)：附属拟收购2艘散装货船