Jinhui Shipping & Transportation continues to offload tonnage with the disposal of a second panamax bulker in little more than a week.

The Hong Kong and Oslo-listed said shipowner Hanse Shipping Co had agreed to pay $10.6m for the 76,583-dwt Jin Rui (built 2009).

The buyer specializes in the shipment of maize, grain and other agricultural products from South America to the Arabian Gulf through contracts of affreightment with an unnamed multinational company.

Jinhui