Two units of Jinhui Holdings (HKG:0137) agreed to acquire two vessels from Jiangmen Nanyang Ship Engineering for a total of $71.4 million.
The deadweight 64,500 metric tonne type bulk carriers will be delivered by Aug. 31, 2029, and Sept. 30, 2029, a Monday bourse filing showed.
The move comes as part of the company's strategy to renew its fleet with newer larger and high-quality vessels.