Seacon (02409) sells a vessel for $41.6 million.
Intercontinental Shipping (02409) announced that on July 20, 2026 (after trading hours on the Stock Exchange), the seller (the company's indirect wholly-owned subsidiary Seacon Tokyo Ltd) entered into an agreement with the buyer OBE SHIPS MARITIME S.A. The seller intends to sell to the buyer a bulk carrier with a total tonnage of 36,570 tons built in 2023, at a price of $41.6 million.
SEACON (02409) announced that on July 20, 2026 (after trading hours on the Hong Kong Stock Exchange), the seller (Seacon Tokyo Ltd, an indirect wholly-owned subsidiary of the company) entered into an agreement with the buyer OBE SHIPS MARITIME S.A. The seller intends to sell to the buyer a bulk carrier with a total tonnage of 36,570 tons that was built in 2023, for a price of $41.6 million.
The vessel is currently chartered out to the seller under a bareboat charter by the owner. The seller intends to exercise the purchase option at the purchase option price under the bareboat charter terms before the delivery date to acquire the vessel. The vessel acquired by the seller through the exercise of the purchase option will then be further delivered to the buyer according to the agreement.
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