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Just over a year after entering the container liner shipping market, Singapore-based Pioneer Line is adding two multi-purpose vessels to its fleet.
A Pioneer Line representative told The Loadstar that, with healthy cargo demand, the company decided at the end of last year to acquire the two ships from Danish owner Thorco.
Glen Grant (built 2014) and Glen Scotia (built 2015) each have 212 teu capacity.
The acquisition was financed by Chinese lessor Jiangsu Financial Leasing, while technical management of Pioneer Line’s three ...
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