Jinhui unit scales down deal

PUBLISHED : Thursday, 17 December, 1998, 12:00am
UPDATED : Thursday, 17 December, 1998, 12:00am

Jinhui Holdings' 50.9 per cent owned subsidiary has amended a vessel deal reducing the purchase price by 23 per cent. Under the new agreement, they will now buy a Handymax size vessel, instead of a Panamax size vessel.