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Taiwan’s U-Ming Marine Transport has committed up to $312m on six more bulkers in China, adding four ultramaxes and firming another pair of Newcastlemaxes as it presses ahead with plans to build a 100-ship fleet. Two separate Taiwan exchange disclosures from U-Ming’s Singapore subsidiary put the combined investment at between $296m and $312m. The larger …
U-Ming doubles down in China with six-ship bulker spend
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