Bulk

Jinhui portends significant third quarter deficit

Oslo-listed Jinhui Shipping and Transportation expects to book a significant consolidated deficit in the third quarter, informs management ahead of the dry bulk carrier's third quarter interim report.
BY KATRINE GRØNVALD RAUN

It will not be pretty when Hong Kong-based dry bulk carrier Jinhui Shipping and Transportation publishes its results for the third quarter and the first nine months of the year, the carrier's board of directors informs the Oslo Stock Exchange, where the company is listed, in a preliminary evaluation of the quarter.

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