TC

31/10/2014 09:56

Sinotrans (00368) buys two vessels for US$98.5m

    Sinotrans (00368) said it has agreed to purchase two vessels for US$98.5 million (equivalent to HK$768.3 million) from two shipping companies in Germany.
  The vessels to be acquired include two capesize size vessels and will enable the company to expand its self-owned fleet of dry-bulk vessels.
  Delivery of the vessels is expected to be made in November 2014.

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