- Seacon Shipping agreed to acquire four 5,200 dwt multi-purpose dry cargo vessels through four novation agreements with Jiangsu Dajin Heavy Industry and the original buyers.
- The vessels have an aggregate purchase price of USD44.4 million, with USD11.1 million payable for each vessel in five instalments.
- Each original buyer will transfer its rights and obligations under the relevant shipbuilding contract to Seacon Shipping at nil consideration.
- The vessels are expected to be delivered on April 30, 2027 and July 30, 2027.
- The remaining two vessels are expected to be delivered on September 30, 2027 and November 30, 2027.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Seacon Shipping Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260324-12065008), on March 24, 2026, and is solely responsible for the information contained therein.
Comments