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Seacon Shipping Announces Vessel Disposal for USD 22.7 Million

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Seacon Shipping Announces Vessel Disposal for USD 22.7 Million

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Seacon Shipping Group Holdings Ltd. ( (HK:2409) ) has shared an announcement.

Seacon Shipping Group Holdings Ltd. announced a significant transaction involving the disposal of a vessel for up to USD 22.7 million. This transaction, classified as a discloseable transaction under Hong Kong’s Listing Rules, involves the sale of a 104,728 gross tonnage bulk carrier. The vessel, currently chartered under a Bareboat Charter, will be acquired by the company through a Purchase Option before being delivered to the buyer. This move reflects the company’s strategic asset management and may impact its financial standing and market positioning.

More about Seacon Shipping Group Holdings Ltd.

Seacon Shipping Group Holdings Ltd. operates in the shipping industry, focusing on the ownership and operation of vessels. The company is involved in maritime transportation services, with a market focus on bulk carriers.

Average Trading Volume: 98,102

Technical Sentiment Signal: Hold

Current Market Cap: HK$2.1B

For an in-depth examination of 2409 stock, go to TipRanks’ Overview page.

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