Kuala Lumpur, 10 July 2026 – Lianson Fleet Group Berhad is expanding into the Ultramax bulk carrier segment through two new vessel acquisitions worth US$52.3 million, or about RM213.2 million, strengthening its marine transportation fleet and widening its exposure to global dry bulk shipping demand.

The offshore support vessel and marine transportation provider said it had entered into two separate memorandum of agreements to acquire MV Tian Mu Shan and MV Yan Dang Shan, both Ultramax bulk carrier vessels.

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Abigail Cheong

I am Abigail, a journalist at The Ledger Asia, covering business and finance with a focus on the Malaysian Stock Market and key economic developments across Asia. Known for clear, accessible reporting, I deliver insights that help readers understand market trends, corporate movements, and regional news shaping the Asian economy.