Jinhui Spends $34.5 Million On A Pair Of Supramaxes

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Jinhui Shipping and Transportation, a Chinese dry bulk company, has purchased two Chinese-built supramaxes, Pacific Crown and Pacific Bless, for $17.25 million apiece.

The vessels were purchased from Kmarin in South Korea, with deliveries set for the first quarter of 2022 as reported by Splash247.

Two purchases

Chinese dry bulk owner Jinhui Shipping and Transportation have acquired two Chinese-built (2012) supramax, Pacific Crown and Pacific Bless, paying $17.25m for each vessel.

The vessels were acquired from South Korean firm Kmarin, with deliveries scheduled for the first quarter of 2022.

Jinhui currently owns a fleet of 24 bulkers and says the acquisitions will allow the company to generate more income and increase returns.

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Source: Spalsh247