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U-Ming Marine Transport Corporation (TSEC code: 2606 – one of nine public-listed companies of the Far Eastern Group), has contracted with Japan’s Sumitomo Marine Co. Ltd. to commission Oshima Shipbuilding Co., Ltd. to build a 99,990 DWT Post Panamax Bulk Carrier M.V. Cemtex Excellence. A Christening ceremony was hosted by Mr Douglas Hsu, Chairman of .