Plan to sell the M/V “Madonna III” owned by the Company.

Plan to sell the M/V “Madonna III” owned by the Company.
Plan to sell the M/V “Madonna III” owned by the Company.
Posted in Company News
1.Date of occurrence of the event:2021/05/11
2.Company name:Sincere Navigation Corporation
3.Relationship to the Company (please enter ”head office” or   ”subsidiaries”):Head office.
4.Reciprocal shareholding ratios:N/A
5.Cause of occurrence: Vessel replacement.
6.Countermeasures:The Board of Director authorized the Chairman to sell M/V Madonna III at the best time and at the best price and handle the related matters.
7.Any other matters that need to be specified:None.