Seacon sweeps in with supramax sale
Published by Oliver Kleinschmidt,
Deputy 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.
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