China’s Seacon Shipping is selling a bareboat chartered modern chemical and oil products carrier to Hong Kong shipowner and leasing specialist SeaKapital.

The Hong Kong-listed， Qingdao-based owner and operator has struck a deal to offload the 2021-built 34，800 dwt MR1 Golden Daisy for roughly $32.9m.

Seacon will first buy the vessel out of its bareboat agreement with AVIC leasing for $21m before delivering it to SeaKapital by end-May.

The company said it expects a profit of about $6.3m from the deal， with proceeds to be used to finance potential vessel purchases and as general working capital.

SeaKapital was set up by two of Hong Kong’s well-known shipping names， Sabrina Chao and Kenneth Lam in April 2023.

Last August， the company formed a 50:50 joint venture， Continental Kapital Shipping， with Seacon， focused on acquiring， owning， leasing， and managing various types of vessels， including multipurpose heavylift ships， chemical tankers， and dual-fuel car carriers.

Earlier this year， Seacon novated two shipbuilding contracts to the venture for 18，500 dwt chemical tankers at Fujian for $19.76m and flipped Golden Daisy’s sister vessel Golden Dahlia to UK bulker and tanker player Union Maritime in a similar deal.