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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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