Jinhui Shipping & Transportation has signed a deal to operate its largest bulker so far, as it continues to favour charters instead of newbuildings.
The Oslo-listed company said it has fixed the 207,700-dwt newcastlemax True Neptune (built 2017) for between 33 and 36 months, with delivery in the first quarter of 2025.
The Hong Kong-based group said the charterparty is Olam Maritime Freight of Singapore.
