According to Zhitong Finance App, Intercontinental Shipping (02409.HK) issued an announcement. On July 22, 2024, charterers Golden Magnolia and Golden Begonia (two indirect wholly-owned subsidiaries of the company) entered into separate replacement agreements. The corresponding owner agreed to transfer to the corresponding charterer some of his rights and obligations under the relevant shipbuilding contract; the charterer and the corresponding owner agreed to lease each ship to the corresponding charterer; and the company entered into a guarantee with the corresponding owner as the beneficiary.

According to Zhitong Finance App, Intercontinental Shipping (02409.HK) issued an announcement. On July 22, 2024, charterers Golden Magnolia and Golden Begonia (two indirect wholly-owned subsidiaries of the company) entered into separate replacement agreements. The corresponding owner agreed to transfer to the corresponding charterer some of his rights and obligations under the relevant shipbuilding contract; the charterer and the corresponding owner agreed to lease each ship to the corresponding charterer; and the company entered into a guarantee with the corresponding owner as the beneficiary.