Jinhui frees up capital with double leaseback deal

Jinhui Shipping and Transportation, a prominent player in the Chinese shipping industry, has finalized sale and leaseback agreements that will inject nearly $30 million into its operations. The deals involve two vessels: the ultramax Jin Heng and the kamsarmax Jin Li, sold to Tianjin Jinhaishiwu Leasing and Tianjin Jinhaiba Leasing. This strategic move is designed … Continue reading Jinhui frees up capital with double leaseback deal