The Singapore-listed group will take a 20% stakein the venture with Yamasa, which is Uni-Asia’s largest shareholder, taking theremaining 80%.
Nofurther details were disclosed as to when the venture, Quest Bulkship, willmake the acquisition.
InAugust TradeWinds reported that Uni-Asia had made a debut move into thehandymax segment with orders in the Philippines.
Itsaid to have ordered two 58,000-dwt newbuildings at Tsuneishi Heavy Industries(Cebu), but the company has yet to confirm the order.
InApril
