tiprankstipranks
Company Announcements

Seacon Shipping Announces USD 34 Million Finance Lease for New Vessel

Story Highlights
Seacon Shipping Announces USD 34 Million Finance Lease for New Vessel

The latest update is out from Seacon Shipping Group Holdings Ltd. ( (HK:2409) ).

Seacon Shipping Group Holdings Ltd., a company incorporated in the Cayman Islands, has announced a finance lease arrangement involving its indirect wholly-owned subsidiaries. The arrangement, dated February 26, 2025, involves the sale of a 40,000 dwt bulk carrier vessel, currently under construction, for USD 34 million. The transaction is classified as a discloseable transaction under the Hong Kong Stock Exchange’s Listing Rules, requiring specific reporting and announcement obligations.

More about Seacon Shipping Group Holdings Ltd.

YTD Price Performance: 3.45%

Average Trading Volume: 59,255

Technical Sentiment Consensus Rating: Sell

See more insights into 2409 stock on TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1