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.
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
The Zen of Conveyor Belt Tracking
Dave Mueller, Martin Engineering, explores the root causes of conveyor belt mistracking and the latest strategies to improve alignment, safety, and operational efficiency.