Wan Hai Lines has launched another war chest for another round of second-hand ship acquisitions.
The Taiwanese liner operator has set aside another US$200 million for more vessel purchases, after buying 12 ships with the first budget of US$360 million that was put up last year.
Wan Hai disclosed the second ship acquisition budget in a Taiwan Stock Exchange filing on 9 November, the same day the company announced that net profit for the first nine months of 2021 soared 19-fold to US$2.49 billion.
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https://container-news.com/wan-hai-announces-new-budget-for-second-hand-ship-purchases/