Jinhui to buy bulk carriers

PUBLISHED : Wednesday, 03 September, 1997, 12:00am
UPDATED : Wednesday, 03 September, 1997, 12:00am
 

Jinhui Shipping and Transportation, the Hong Kong-based Oslo-listed shipping and trading group, is to buy two 73,300 dead weight tonne dry bulk carriers for 6.4 billion yen (about HK$409.60 million). In a deal arranged through the Japanese trading house Sumitomo Corp, the two double hull carriers are to be built by Oshima Shipbuilding Co, and are planned for delivery by mid-2000.


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