Thai Industry News

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Precious Shipping Unveils Ambitious $550 Million Ship-Buying Scheme: A Step Forward for the Industry

Precious Shipping Plc is set to launch a $550 million ship-buying program for second-hand vessels when shipping rates drop to 2,000 points on the Baltic Dry Index. This strategic move focuses on acquiring cost-effective ships to strengthen its fleet, potentially influencing the shipping industry's growth and consolidation.

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