Liaoning Port (SHA:601880, HKG:2880), through subsidiaries, signed a 67.2 million yuan vessel sale and purchase agreement with Dandong Port Group, according to a Hong Kong disclosure on Wednesday.

The port operator, Dalian Port Bulk Grain Terminal Branch, agreed to purchase two quay cranes for a total consideration of 9.3 million yuan to replace its aging quay cranes.

As part of the deal, a subsidiary of the company, Liaoning Port Holdings (Yingkou), purchased two tugboats for 57.9 million yuan to lessen its shortage in tugboats at the Yingkou Port Area.