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TS Lines buys two more ships

Taiwanese intra-Asia carrier TS Lines continued its secondhand ship buying spree, and plans to buy more ships, with the acquisition of two more container ships.

The company acquired the 2003-built 5,551TEU TS Mumbai (ex-Naxos) from International Maritime Enterprise, part of the Embiricos group, for US$25.5 million, as well as the 2008-built 1,740TEU Hansa Falkenburg from German owner Leonhardt & Blumberg Shipmanagement, for US$11.75 million.

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