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Jinhui Shipping and Transportation Ltd (JINS.OL)

JINS.OL on Oslo Stock Exchange

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21 Apr 2017
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Latest Key Developments (Source: Significant Developments)

Jinhui Shipping and Transportation announces disposal of vessel
Wednesday, 5 Apr 2017 05:12am EDT 

JINHUI SHIPPING AND TRANSPORTATION LTD : AGREEMENTS SIGNED - DISPOSAL OF A VESSEL . A WHOLLY-OWNED SUBSIDIARY OF COMPANY ENTERED INTO A MEMORANDUM OF AGREEMENT ON 5 APRIL 2017 FOR DISPOSAL OF A HANDYSIZE AT A CONSIDERATION OF US$15,000,000 .DIRECTORS BELIEVE THAT DISPOSAL WILL NOT HAVE ANY MATERIAL ADVERSE EFFECT ON OPERATIONS OF GROUP..  Full Article

Jinhui Shipping and Transportation Q4 operating loss narrows to $112.7 million
Sunday, 26 Feb 2017 11:09pm EST 

Jinhui Shipping and Transportation Limited : Q4 revenue $15.9 million versus $19.7 million year ago .Q4 operating loss $112.7 million versus $323.5 million year ago.  Full Article

Jinhui Shipping to dispose of four Supramax vessels
Friday, 24 Feb 2017 04:34am EST 

Jinhui Shipping and Transportation Ltd : Agreements signed - disposal of four vessels . Entered into four memorandums of agreement for disposal of four Supramaxes for total consideration of $48 million .Directors believe disposal will not have any material adverse effect on operations of group.  Full Article

Jinhui Shipping and Transport signs agreement for disposal of vessel
Monday, 5 Sep 2016 08:28am EDT 

Jinhui Shipping and Transportation Ltd : Agreement signed for disposal of vessel .Entered into a memorandum of agreement on Sept 5, 2016 for disposal of a Handymax at a consideration of $3,500,000.  Full Article

Jinhui Shipping and Transportation Q2 operating loss widens to $19.5 mln
Wednesday, 31 Aug 2016 12:14am EDT 

Jinhui Shipping And Transportation Ltd : Q2 revenue $15.1 million versus $20.2 million year ago .Q2 operating loss $19.5 million versus loss $11.4 million year ago.  Full Article

Jinhui Shipping and Transportation: Disposal of vessel
Monday, 27 Jun 2016 06:54am EDT 

Jinhui Shipping and Transportation Ltd :Wholly-owned subsidiary of company entered into a memorandum of agreement on June 27, 2016 for disposal of a Supramax at a consideration of $3,400,000.  Full Article

Jinhui Shipping and Transportation unit sells Supramax
Wednesday, 22 Jun 2016 12:15am EDT 

Jinhui Shipping and Transportation Ltd : Says its wholly-owned unit has entered into memorandum of agreement for disposal of Supramax .Disposal to take place at consideration of $3.4 million.  Full Article

Jinhui Shipping and Transportation issues profit warning regarding Q4 2015 and FY 2015
Monday, 25 Jan 2016 05:41am EST 

Jinhui Shipping and Transportation Ltd:Says sees to record a significant increase in consolidated net loss for Q4 2015 and full year ending Dec. 31, 2015 as compared to the corresponding quarter and period in FY 2014.Increased loss is expected due to an unprecedented challenging environment as well as impairment loss on assets.Reported net loss of $17.84 million in Q4 2014 and $36.16 million for FY 2014.Q4 2015 net loss $20.00 milllion, FY 2015 net loss $61.00 million-Thomson Reuters I/B/E/S.  Full Article

Jinhui Shipping and Transportation sees significant increase in Q3 2015 consolidated net loss
Friday, 9 Oct 2015 04:46am EDT 

Jinhui Shipping and Transportation Ltd:Announces profit warning.Expects to record a significant increase in consolidated net loss for Q3 2015 and 9-months ended Sept. 30 as compared to corresponding quarter and period in 2014.Net result is affected by weak spot freight market and abrupt correction of global stock markets in Q3 2015.Q3 2015 net loss $16.00 million-Thomson Reuters I/B/E/S.  Full Article

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