Hong Kong’s rapidly expanding Jinhui Shipping & Transportation has added its first bulker of 2022.

The Oslo-listed company said it has agreed to spend $25.5m on a secondhand supramax.

No other details were provided.

Brokers have linked the company to the purchase of the 64,000-dwt ultramax Hanton Trader II (built 2014) for $26m this month, however.

The vessel is controlled by Nisshin Shipping of Japan.