Uni-Asia readies Japan handysize order

Singapore: Uni-Asia Holdings has formed a new joint venture in Panama with Japan’s Yamasa called Quest Bulkship to order a new handysize ship.

Uni-Asia has a 20% stake and Yamasa the remainder. Uni-Asia is Singapore-listed, but run by Japanese management. It is expected to order the handysize at a Japanese yard next week.

Uni-Asia has three more handysizes to deliver from Japan’s Imabari Shipbuilding between 2014 and 2016.  [24/03/13]

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