Seacon Shipping Group Holdings Limited (SEACON) has agreed to sell two 48,785-gross-tonne bulk carriers—Seacon Vancouver and Seacon Oslo—to Oman-based Asyad Shipping Company SAOG for a combined USD72.70 million, according to a 23 April 2026 filing. Each vessel is priced at USD36.35 million, with delivery deadlines of 10 October 2026 and 30 November 2026 respectively.

Payment Structure • Deposit: USD3.64 million per vessel to be placed in escrow within three banking days of signing. • Balance: Remaining funds to be pre-positioned in escrow no later than three banking days before delivery, released upon transfer of title.

Concurrent Purchase-Option Exercise The vessels are presently on bareboat charter to SEACON subsidiaries. Prior to delivery to the buyer, the subsidiaries will acquire the ships from their lessors by exercising purchase options: • Seacon Vancouver – up to USD19.50 million. • Seacon Oslo – up to USD22.00 million. These acquisitions terminate the existing charters and enable onward delivery to Asyad Shipping.

Financial Metrics • Expected net asset value at delivery: USD23.30 million for Seacon Vancouver; USD23.20 million for Seacon Oslo. • Anticipated post-tax disposal gain: approximately USD25.00 million, derived from sale proceeds less carrying value and related costs.

Strategic Rationale Management stated that the divestment supports ongoing fleet optimisation, strengthens liquidity and provides capital for future vessel acquisitions.

Regulatory Status The disposal and the two purchase-option exercises each constitute discloseable transactions under Chapter 14 of the Hong Kong Listing Rules, with applicable percentage ratios exceeding 5 % but below 25 %.

Use of Proceeds Net proceeds will fund potential vessel purchases and bolster general working capital.