Lianson Fleet bulks up with ultramax brace

Splash 24710 Jul 2026Market
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Malaysia’s Lianson Fleet Group (LFG) is moving into larger bulk carriers with the acquisition of two 2017-built ultramaxes for $52.32m. The Bursa Malaysia-listed company, formerly known as Icon Offshore, said its wholly owned subsidiary had signed two separate deals with unrelated Chinese sellers for the Tian Mu Shan and Yan Dang Shan. LFG said the …