Aug 25, 2020 / 08:00AM GMT
Wei Man Ching - Jinhui Shipping and Transportation Limited - VP
(technical difficulty)
51% -- sorry, 50% will be payable within the current year, 13% payable within 1 to 2 years and 37% between 2 to 5 years. The amount to be repaid within the next 12 months seems high, but do not worry, we will arrange this financing to stretch out the debt maturity in due course with our lenders.
In terms of the cargo volume analysis, the total cargo volume that we have transported in Q2 2020 -- as of Q2 2020 is 5.56 million tonnes. 60% are minerals, 23% coal, 11% cement and 6% steel products. Majority of our cargoes were loaded in Asia, excluding China, 82% of it, 11% from Australia, 4% from China and 3% from Africa. In terms of the ports that our cargoes are discharged, 83% were discharged in China and then 17% discharged in Asia, excluding China.
As of Q2 2020, the TCE, time charter equivalent of our own vessels, have declined, as you can imagine, for the post-Panamax fleet, $5,750, Supramax, $5,194, and average is $5,229, not exactly a very exciting number. For the entire of 2020 the post
Q2 2020 Jinhui Shipping and Transportation Ltd Earnings Call Transcript
Mar 05, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers