Jinhui Shipping offloads supramax bulker to Huwell Shipping

Jinhui Shipping and Transportation Limited through its subsidiary Jingang Marine Inc. entered into a memorandum of agreement on July 4 for the disposal of a supramax at a consideration of US$10.8m.

The bulk carrier Jin Gang is a supramax of deadweight 56,927 metric tonnes, built in 2009, and registered in Hong Kong.

The purchaser of the vessel Huwell Shipping Pte. Ltd is a company incorporated in Singapore and its principal activities are vessel owning and chartering.

The vessel which has been owned by the Group since 2009 will be handed over to its new owner by the ship owning company Jingang Marine Inc. between 7 July 2025 and 15 August 2025.

The company said that the consideration of the vessel