Uni-Asia readies to add four more

Uni-Asia readies to add four more

Uni-Asia Holdings has teamed up with its largest shareholder to buy four more bulkers. Singapore-based Uni-Asia has formed four joint venture companies in Panama with lead shareholder Yamasa, a Japanese entity, to buy four handysizes. The new companies are split 18:82 in Yamasa’s favour.

Yamasa has a 33.46% holding in Uni-Asia.

This is Uni-Asia’s first fleet additions for 13 months.

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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