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Photo: Wan Hai Lines
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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