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Lianson Fleet in RM93.9mil bulk carrier buy
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PETALING JAYA: Lianson Fleet Group Bhd (LFG) has acquired a bulk carrier, LFG Cengal, for RM93.9mil from an unrelated third-party incorporated in Japan.

In a filing with Bursa Malaysia, LFG said the vessel is a Japanese-built Ultramax bulk carrier built in May 2013 with a deadweight tonnage of 61,446 tonnes, gross tonnage of 34,794 tonnes and net tonnage of 20,209 tonnes.

“Measuring 199.98 m in length overall with a beam of 32.24 m and moulded depth of 18.60 m, the vessel is equipped with five cargo holds and five cargo hatches.”

LFG said the vessel acquisition is in line with its strategy to expand its marine transportation fleet and diversify beyond the offshore support vessel business segment.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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