Hong Kong's Jinhui Shipping and Transportation is not concerned about high levels of debt expiring over the next year.
The Hong Kong and Oslo-listed bulker owner must repay half of its $121.6m borrowings by this point in 2021 — a total of $60.8m.
Speaking on a conference call with analysts, vice president Wei Man Ching said: "The amount to be repaid within the next 12 months seems high, but do not worry, we will arrange this financing to stretch out the debt maturity in due course with...