[CMT] CMT UK provides NT$2.08B guarantee for subsidiary's new shipbuilding
Chinese Maritime Transport (UK) Limited, a subsidiary of CMT, has announced a new endorsement guarantee of NT$2.08 billion for China Swift Shipping Pte. Ltd. to cover performance bonds for new vessels.
📋 Article Processing Timeline
- 📰 Published: April 27, 2026 at 09:00
- 🔍 Collected: April 28, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 28, 2026 at 09:06 (1h 6m after Collected)
1. Date of occurrence: April 27, 2026.
2. Party being guaranteed: China Swift Shipping Pte. Ltd. (subsidiary).
- Limit of endorsement (kNTD): 49,148,936.
- Previous balance: 0.
- Amount of new endorsement (kNTD): 2,083,720.
- Reason: Performance bond for new shipbuilding.
5. Condition for release: Upon delivery of the new vessel.
6. Total limit of endorsement (kNTD): 195,855,604.
8. Ratio of total endorsement to latest NAV: 165.27%.
10. Exchange rate: USD$1 = NT$31.55.
2. Party being guaranteed: China Swift Shipping Pte. Ltd. (subsidiary).
- Limit of endorsement (kNTD): 49,148,936.
- Previous balance: 0.
- Amount of new endorsement (kNTD): 2,083,720.
- Reason: Performance bond for new shipbuilding.
5. Condition for release: Upon delivery of the new vessel.
6. Total limit of endorsement (kNTD): 195,855,604.
8. Ratio of total endorsement to latest NAV: 165.27%.
10. Exchange rate: USD$1 = NT$31.55.