Seacon strikes deal to buy seven mini Baltic Shipping bulkers

China’s Seacon Shipping Group Holdings Limited has sealed seven agreements on January 27 through its indirect wholly owned subsidiary, Seacon Marine Ltd., for the acquisition of seven mini bulk carriers at an aggregate consideration of €63.7m, each at a consideration of €9.1m.

The Hong Kong-listed company said in a filing that its subsidiary Seacon Marine Ltd, principally engaged in investment holding, purchased seven mini bulk carriers, the Baltic Fin, Baltic Grain, Baltic Moon, Baltic Split, Baltic Steel, Baltic Sun and Baltic Wind, each with a 2,518 gross tonnage, from wholly owned subsidiaries of Baltic Shipping.

Five of the vessels were built in 2023, one