Intercontinental Shipping (02409) announced that on August 12, 2024 (after the trading session of the Hong Kong Stock Exchange), the seller (GOLDEN RIVER SHIPS LIMITED, an indirect wholly-owned subsidiary of the company) entered into an agreement with the buyer (Shanghai Shin Shon Ship Leasing Co., Ltd.) in which the seller agreed to sell and the buyer agreed to purchase the ship for a price of USD 32.1 million.
Regarding the subject matter, this ship is a bulk carrier with a gross tonnage of 36,357 tons, which was constructed by Nantong Xiangyu Shipbuilding and Offshore Engineering Co., Ltd. in 2019.