Jakarta (ANTARA News) - Shipping firm PT Arpeni Pratama Ocean Line said it is planning to purchase new vessels for a total of 100 mln usd, from now until July 2008.
In a statement, it said it is buying cargo, bulk carrier, tanker, tugboat, liquefied petroleum gas (LPG) carrier, barge and floating crane vessels.
The purchases will be 70 pct financed through bank loans and the rest from internal cash, the company told XFN Asia.
It added that it will seek shareholder approval for the acquisitions at a meeting on May 2.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.