Jinhui continues fleet renewal with $23.5m ultramax sale

Oslo-listed dry bulk owner Jinhui Shipping and Transportation has agreed to sell one of its ultramax bulk carriers as it continues to streamline its fleet. The Hong Kong-based outfit said it has struck a $23.46m deal with Hongkong Yiming Shipping for the 2014-built 63,485 dwt bulker Jin Ping, with delivery set between June 1 and …