Kuang Ming, the subsidiary of Taiwanese liner company Yang Ming Marine Transport Corporation, got the “green light” to order four new handymax bulk carriers. The company has made a move to rejuvenate its bulker fleet with new ships.
Taiwanese liner company Yang Ming held its 406th board meeting and approved the plan of its subsidiary to order four vessels as part of its ongoing fleet optimization plan.
Kuang Ming currently operates a fleet consisting of six panamax bulk carriers and four handymax bulk carriers, in addition to one long-term chartered capesize vessel.
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