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Seacon moves on six newbuilds

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Hong Kong-listed Seacon Shipping has set out to further bolster its controlled fleet in a $63.9m deal for six multipurpose dry cargo newbuilds.

The Qingdao-based diversified owner and operator has agreed to take over 5,200 dwt units at Jiangsu Dajin Heavy Industry for $10,65m each, which were initially ordered by Chen Yuetao-owned Union Marine.

The vessels are scheduled for delivery between March 2026 and 2027, the company said in a filing.

Seacon has most recently also been linked to more tanker newbuildings in a joint venture with Huanghai Shipbuilding for 50,000 dwt units delivering into a bareboat charter. 

In addition to new vessels, the company has also revealed the sale of another bulker, the 2019-built ultramax Seacon Fuzhou, to JIC Financial Leasing for about $31.8m, which the company said it plans to use to finance other potential acquisitions and as general working capital.