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[Shin Hsing] Announcement: Our wholly-owned subsidiary Norley, through its wholly-owned invested subsidiary Delight Way Limited, plans to acquire one medium-range product oil tanker.

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Shin Hsing announced that its wholly-owned subsidiary Norley, via its 100% invested subsidiary Delight Way Limited, plans to acquire a 2019-built, 49,999 DWT product oil tanker for USD 39.8 million to expand its fleet.

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