Jinhui Shipping and Transportation has sold one of the oldest vessels in its fleet.
Oslo-listed Jinhui says the 50,000-dwt Jin Fu (built 2001) has been purchased by a Chinese shipowner.
A price of $8.35m
Sale comes amid expectation for continued volatility in the dry cargo market.
Jinhui Shipping and Transportation has sold one of the oldest vessels in its fleet.
Oslo-listed Jinhui says the 50,000-dwt Jin Fu (built 2001) has been purchased by a Chinese shipowner.
A price of $8.35m