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FINWIRES

Seacon Shipping Unit to Sell Bulk Carrier Vessel

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Seacon Shipping (HKG:2409) unit Seacon Colombo agreed to sell a bulk carrier vessel to Medway Marine for a little over $35.6 million, according to a Thursday Hong Kong bourse filing.

The vessel, Seacon Colombo, is a 25,175 gross tonnage bulk carrier to be built and delivered by July 26.

The vessel is chartered to the seller under a bareboat charter from Qihang Zhongzhou 4 Leasing (Tianjin). The seller will buy the vessel by exercising a purchase option.

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