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Jinhui cashes in on veteran bulker
Hong Kong-based dry bulk owner Jinhui Shipping and Transportation has agreed to sell another ageing supramax, continuing its fleet renewal drive with a $14.6m deal involving a Hong Kong buyer.
The 2007-built, 55,496 dwt Jin Xing will be offloaded to Heng, with the sale expected to complete in the fourth quarter of this year.
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