Singapore's First Ship to buy 3 vessels from Yang Ming
SINGAPORE, May 12 (Reuters) - Singapore's First Ship Lease Trust FSLT.SI said on Monday that it will buy three container vessels from Taiwan's Yang Ming Marine (2609.TW: Quote, Profile, Research, Stock Buzz) for a total of $210 million.
The vessels will be leased back to Yang Ming for 12 years, it said in a statement. (Reporting by Kevin Lim; Editing By Ovais Subhani)
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