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Monday, February 11, 2008

Samudra Indonesia orders two bulk carriers at $97.6 mln

Jakarta (ANTARA News) - Publicly-listed sea transportation service company PT Samudra Indonesia Tbk has put an order with South Korea`s STX Shipbuilding for two bulk carriers at US$97.6 million.

The company placed the order for the two 57,700 dwt ships through its subsidiary, Foremost Maritime Pte Ltd, PT Samudra Indonesia`s corporate secretary, Diana P. Iskandar, said in a report to the Indonesia Stock Exchange (BEI) on Monday.

The two ships were scheduled for completion in the first half of 2011, she said adding the addition of the two ships was expected to increase the subsidiary`s capability to face a boom in the demand for bulk carrier services.

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