Taiwanese bulker owner U-Ming Marine Transport has sealed more sustainability-linked funding in a deal with Australia’s ANZ Bank.
The $50m loan will be used to progress the shipping company#s fleet renewal plan.
This includes the delivery of 11 new bulk carriers by the end of 2022.
The vessels have an optimised hull design, together with energy-saving main engines and devices, ultra-low friction paint hull-coating and a fleet safety management system designed by U-Ming.
