U-Ming solid on cement prospects

U-Ming solid on cement prospects

Taipei: Taiwan’s U-Ming Marine Transport is moving to rejuvenate its ageing cement carrier fleet.

The dry bulk owner, owned by Douglas Hsu and listed in Taipei, said in a release it intends to build to order two cement carriers.

U-Ming’s five cement carriers have an average age of 26 and range from 6,000 dwt to 12,000 dwt.

 

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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