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Seacon Shipping Group Announces Vessel Sale and Purchase Plans
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Seacon Shipping Group Announces Vessel Sale and Purchase Plans

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Seacon Shipping Group Holdings Ltd. ( (HK:2409) ) has issued an announcement.

Seacon Shipping Group Holdings Ltd. has announced a significant transaction involving the sale of a 13,500 dwt general cargo ship for USD 19.9 million. Additionally, the company plans to exercise its purchase option for the vessel currently under a Bareboat Charter, intending to finalize the acquisition by the end of 2025. This strategic move is part of Seacon’s broader operational strategy and compliance with the Hong Kong Stock Exchange’s Listing Rules, highlighting its active participation in the buying and selling of shipping vessels to enhance its fleet management capabilities.

More about Seacon Shipping Group Holdings Ltd.

Seacon Shipping Group Holdings Ltd. operates in the shipping industry, focusing on the management and operation of vessels. The company primarily deals with the sale and purchase of ships, which is a key aspect of its business operations.

YTD Price Performance: 5.75%

Average Trading Volume: 11,088

Technical Sentiment Consensus Rating: Sell

See more data about 2409 stock on TipRanks’ Stock Analysis page.

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