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Seacon Shipping Announces USD 34 Million Finance Lease for New Vessel

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Seacon Shipping Announces USD 34 Million Finance Lease for New Vessel

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The latest update is out from Seacon Shipping Group Holdings Ltd. ( (HK:2409) ).

Seacon Shipping Group Holdings Ltd., a company incorporated in the Cayman Islands, has announced a finance lease arrangement involving its indirect wholly-owned subsidiaries. The arrangement, dated February 26, 2025, involves the sale of a 40,000 dwt bulk carrier vessel, currently under construction, for USD 34 million. The transaction is classified as a discloseable transaction under the Hong Kong Stock Exchange’s Listing Rules, requiring specific reporting and announcement obligations.

More about Seacon Shipping Group Holdings Ltd.

YTD Price Performance: 3.45%

Average Trading Volume: 59,255

Technical Sentiment Consensus Rating: Sell

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