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Jinhui Shipping sells and leases back two newbuildings in deal with ICBC
Refinancing move will add flexibility to bulker owner’s balance sheet
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Jinhui doubles down on newbuild financing
Jinhui Shipping and Transportation has followed up this week’s first leaseback deal with another financing package, securing up to $34m against two ultramax newbuildings at Jiangsu Hantong Ship Heavy Industry. The Oslo-listed owner will sell the ships, to be named Jin Han and Jin Ming, to two vehicles owned by Jiangsu Financial Leasing before chartering …
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