Two vessel sales boosted Jinhui Shipping & Transportation’s profit for the first three months of the year by more than 40%.
The Hong Kong-based, Oslo-listed bulker owner posted a $19m profit for the first quarter of 2022, with $6m coming from the sale of two ageing supramaxes.
One was the 53,800-dwt Jin Cheng (built 2004), which the company sold for $13.9m
