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Far Eastern Group chief tells shipping firms to be optimistic

Douglas Hsu, chairman of the Far Eastern Group, yesterday urged shipping operators to be optimistic about the future.

“No matter what happens, we need to be optimistic,” Hsu said in Shanghai yesterday, in the capacity as chairman of U-Ming Marine Transport Corp. under the group.

He was in Shanghai yesterday to christen a new ship developed jointly by U-Ming and Shanghai Waigaoqiao Shipbuilding Co. The ship was christened as the “Yu Ri.”

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