U-Ming orders capsize brace in China
Taiwanese owner and operator U-Ming Marine Transport is expanding its fleet with a brace of capsize bulker newbuilds in China. The subsidiary of the Far Eastern Group has signed up for 180,000 dwt vessels at Qingdao Beihai Shipbuilding, with delivery expected in 2028. U-Ming said it is paying between $75m and $79m per newbuild. U-Ming …
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