Precious Shipping Public Company LimitedPSL signed an agreement to sell the Kanjana Naree for US$14.59 million, a fleet-disposal transaction that reduces its fleet's average age.

Precious Shipping Public Company Limited (PSL) has informed the Stock Exchange of Thailand that its subsidiary has signed an agreement to sell the Kanjana Naree, a Supramax dry bulk carrier, for US$14.59 million, or approximately 486.18 million baht. The vessel is scheduled for delivery between September 11 and October 15, 2026. This sale aligns with the company's policy to reduce the average age of its fleet by disposing of older vessels and replacing them with newer, larger ones. After the sale and the delivery of two previously ordered new vessels, the company will have a total fleet of 43 vessels, with a combined deadweight tonnage of approximately 2.08 million. The buyer is a foreign company unrelated to PSL, and has already paid a 20% deposit, with the remaining balance to be paid before vessel delivery.
Precious Shipping Public Company LimitedPSL signed an agreement to sell the Kanjana Naree for US$14.59 million, a fleet-disposal transaction that reduces its fleet's average age.