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Lianson Fleet adds third ultramax bulker in $23m acquisition
Malaysia's Lianson Fleet Group bought a 2013-built, 61,446 dwt Japanese ultramax bulker for $23m (RM93.9m), its third such vessel, continuing its expansion beyond offshore support vessels.
Malaysia's Lianson Fleet Group (LFG) has added a third ultramax bulk carrier to its fleet, paying $23m (RM93.9m) for a 2013-built Japanese vessel.
The Bursa Malaysia-listed company said its wholly owned subsidiary acquired the 61,446 dwt ship, which is to be named LFG Cengal, from an unrelated Japanese seller.
According to the company, the purchase continues its expansion beyond its traditional offshore support vessel business.
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