---
title: "Highton Development: Wholly-owned subsidiary acquires two vessels"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/255428571.md"
description: "On the evening of September 1st, Highton Development announced that in order to further expand its capacity and improve the construction of its fleet system, its wholly-owned subsidiary Dannaning Shipping purchased a multipurpose cargo ship from Helene Braren, and Daqiong Shipping purchased a multipurpose cargo ship from Simon Braren, with both MOA agreements signed on September 1st. The total contract amount for this transaction is USD 32 million"
datetime: "2025-09-01T08:38:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/255428571.md)
  - [en](https://longbridge.com/en/news/255428571.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/255428571.md)
generator: "portal-rs"
---

# Highton Development: Wholly-owned subsidiary acquires two vessels

Highton Development announced on the evening of September 1st that, in order to further expand its capacity and improve the construction of its fleet system, its wholly-owned subsidiary Dannaning Shipping purchased a multipurpose cargo ship from Helene Braren, and Chongqing Shipping purchased a multipurpose cargo ship from Simon Braren, with the MOA agreement signed on September 1st. The total contract amount for this transaction is $32 million

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**