SEACON (SEHK: 02409) has announced the sale of a vessel for a total consideration of US$41.6 million.

The transaction involves the company's indirect wholly-owned subsidiary, Seacon Tokyo Ltd, as the seller, and OBE SHIPS MARITIME S.A. as the buyer. The agreement was formalized on July 20, 2026, following the close of trading on the Hong Kong Stock Exchange.

The vessel in question is a bulk carrier constructed in 2023, with a gross tonnage of 36,570 tons. The ship is currently held by the seller under a bareboat charter arrangement from its owner.

Prior to the scheduled delivery date, the seller plans to exercise its purchase option under the terms of the bareboat charter to acquire the vessel from the owner at the stipulated option price. Subsequently, the vessel, once acquired, will be delivered to the buyer as per the terms of the sale and purchase agreement.