Taiwan and South Korea lines don't fear US levy on Chinese ships
Taiwanese and South Korean liner operators are likely to be those least impacted by the ...
Taiwanese liner operator Wan Hai Lines has bought two China United Lines 7,000 teu newbuildings at Shanghai Waigaoqiao Shipbuilding.
Wan Hai said, in a filing to the Taiwan Stock Exchange, it would pay $176m to $188m for the two ships, which are expected to be delivered in this year.
The newbuilding price was not disclosed, but was estimated at $82.5m per vessel, meaning CULines could at best, make a profit of up to $11.5m on each.
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