Jinhui Shipping and Transportation has sold one of its Supramax bulk carriers to an unnamed Chinese trading company for US$8.7 million.
Jin Cheng is a 52,961DWT Supramax vessel built in 2003 and registered in Hong Kong. The vessel has been owned by Jinhui since 2007and its unaudited net book value is approximately US$7.64 million.
Jinhui Shipping and Transportation sold two other Supramax vessels in July of this year.