Monday May 12, 5:49 PM
Singapore's First Ship to buy 3 vessels from Yang Ming
SINGAPORE, May 12 (Reuters) - Singapore's First Ship Lease
Trust said on Monday that it will buy three container
vessels from Taiwan's Yang Ming Marine for a total of
$210 million.
The vessels will be leased back to Yang Ming for 12 years,
it said in a statement.
(Reporting by Kevin Lim; Editing By Ovais Subhani)
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