Skip to main content

Seacon sweeps in with supramax sale

Published by , Assistant Editor
Dry Bulk,


Seacon Shipping has offloaded one of its supramax bulk carriers, securing a profit of more than US$6 million from a deal made with an Indonesia-based buyer.

The Qingdao-based ship owner and operator has agreed to a US$13.8 million sale of the 2010-built dry bulk carrier Seacon Yantai to the Indonesian company PT Primatama Energi Mandiri.

The 57 000 DWT Cosco Zhoushan-built vessel will change hands by 15 October, delivering a net gain of US$6.5 million, with the company stating that it would use the proceeds to finance potential acquisition of further vessels and as general working capital.

Records show the ship has been under a bareboat deal with Bank of Communications Financial Leasing, with purchase options attached.

Earlier in July, the company sealed a sale and leaseback deal with controlled Suyin Financial Leasing for a pair of handysize bulk carriers which are currently under construction in Japan.


Click here for free registration to Dry Bulk

Read the article online at: https://www.drybulkmagazine.com/shipping/18072024/seacon-sweeps-in-with-supramax-sale/

You might also like

 
 

Embed article link: (copy the HTML code below):