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Seacon Shipping Expands Fleet with EUR 63.7 Million Vessel Acquisition

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Seacon Shipping Expands Fleet with EUR 63.7 Million Vessel Acquisition

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Seacon Shipping Group Holdings Ltd. ( (HK:2409) ) just unveiled an announcement.

Seacon Shipping Group Holdings Ltd. has announced the acquisition of seven mini bulk carrier vessels from Baltic Shipping’s subsidiaries, with the total transaction valued at approximately EUR 63.7 million. This acquisition is considered a discloseable transaction under the Hong Kong Listing Rules, potentially enhancing Seacon’s operational capacity and competitive positioning in the shipping industry.

More about Seacon Shipping Group Holdings Ltd.

Seacon Shipping Group Holdings Ltd., incorporated in the Cayman Islands, operates within the shipping industry. The company is primarily focused on marine transportation services and is listed on the Stock Exchange of Hong Kong.

YTD Price Performance: 8.05%

Average Trading Volume: 11,489

Technical Sentiment Consensus Rating: Sell

Learn more about 2409 stock on TipRanks’ Stock Analysis page.

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