U-Ming orders LNG-Ready ultramaxes at New Dayang Shipbuilding

Taiwan’s U-Ming Marine Transport Corporation (2606), one of the nine listed companies under the Far Eastern Group, is adding ultramax bulk carriers to its growing fleet.

It has commissioned New Dayang Shipbuilding, through its subsidiary U-Ming Marine Transport (Singapore) Pte Ltd, to build four 64,000-dwt ultramax bulk carriers. 

The third vessel, Asian Prosperity, held its naming and delivery ceremony in Yangzhou on Monday, presided over by chairman Douglas Hsu of the Far Eastern Group. Ms. Stephanie Commin, general manager of Christian Dior Taiwan, was invited to christen the vessel.

On the same day, U-Ming signed a contract with Sumec’s New Dayang Shipbuilding to build four additional 64,000 dwt bulk carriers.

The vessel Asian Prosperity measures 199.90 meters in length and 32.26 meters in width, with a dwt of 64,000 tons.

It is the third vessel in the newly designed 64,000 dwt ultramax series and represents the first collaboration between New Dayang Shipyard and U-Ming.

As it is reported, the vessel has received the LNG-Ready classification from ABS, indicating its potential for future conversion to using liquefied natural gas (LNG) as fuel.

U-Ming currently operates a fleet that includes capesize, panamax, post panamax, ultramax, cement carriers, very large crude carriers (VLCC), very large ore carriers (VLOC), and crew transfer vessels (CTV) for offshore wind power.

With 71 vessels under its fleet, including joint ventures and ships under construction, U-Ming’s total fleet capacity reaches 8.77 million dwt.

As informed, with the addition of the newly contracted four vessels, the fleet will grow to 75 vessels, with a total capacity of 9.02 million dwt.

It has subsidiaries overseas in Singapore, Hong Kong and Xiamen; including U-Ming Marine Offshore Company Ltd in Taipei which focuses on green energy transportation.