HNA Technology announced plans to sell three dry bulk carriers, with the counterparty and price to be determined through market-based methods such as public listing on a property exchange. The vessels to be sold include the 2012-built, 175,600 deadweight ton Capesize BULK JOYANCE, the 2007-built, 74,500 deadweight ton Panamax AE JUPITER, and the 2006-built, 53,600 deadweight ton Supramax AE MARS. As of June 30, 2026, their combined book cost was 43.6 million dollars, and their appraised value as of July 7, 2026, was 49 million dollars. This sale is part of the company's 2026 to 2027 fleet renewal plan, which envisages disposing of one to six older vessels and acquiring one to six Newcastlemax or Supramax vessels under 15 years of age. The company stated that the sale will help improve fleet quality and reduce operating costs. If completed within 2026, it is expected to have a positive impact on the 2026 financial position based on the 49 million dollar estimate.
HNA Technology Co Ltd APlanned sale of three dry bulk carriers for $49M, expected to positively impact 2026 financial position.