YANGMING SELLS VESSEL TO LEBANESE SHIPPING GROUP
Taiwan-based Yangming Marine is selling one of its owned vessels, the Ming Universe, to the Fares group, a Lebanese shipping company, for $8-million.
Yangming estimates that will make a $6-million profit from the sale.
The Ming Universe was built in 1980 and has a capacity of just over 2,000 TEUs.
YANGMING SELLS VESSEL TO LEBANESE SHIPPING GROUP
