Chinese bulker owner and operator Jinhui Shipping and Transportation has reportedly offloaded another one of its older supramaxes in what would mark the company’s second sale this year.

S&P sources suggest the Oslo- and Hong Kong-listed company is shipping out the 2008-built 57，000 dwt Jin Tong to Chinese buyers in a deal worth $10.5m.

Jinhui， which has yet to confirm the sale， has since last year mostly focused on fleet renewal through secondhand acquisitions and newbuilding orders， after clearing out some of its vintage supramaxes in 2023.

In March， the company sealed its first sale in more than a year， offloading the 2007-built supramax Jin Shun to Hong Kong-incorporated Yuhe Shipping for $8.26m.

Excluding the latest reported sale， the company’s fleet currently counts 34 bulkers， of which 26 are owned.