Common Contracts

1 similar Acquisition of a Vessel contracts

JINHUI SHIPPING AND TRANSPORTATION LIMITED
Acquisition of a Vessel • May 19th, 2008

The board of directors (the "Board") of Jinhui Shipping and Transportation Limited (the "Company") announces that Jinning Marine Inc. ("Jinning"), a wholly-owned subsidiary of the Company, entered into a construction and sale contract (the “Contract”) on 19 May 2008 to acquire a Supramax newbuilding at a purchase price of JPY5,100,000,000 (the "Acquisition").

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