Independent journal on economy and transport policy
01:29 GMT+2
GE Shipping decides to buy 5 vessels
(Exim India)
February 5, 2001
Great Eastern Shipping (GE Shipping) has decided to purchase three Aframax crude carriers and two offshore vessels at a total cost of $ 140 million for delivery by 2003.
The acquisition plans follow the booming tanker and offshore markets. The crude carriers are being built in Korea, and the offshore vessels in Norway.
"The funding of acquisition will ...... Read more on Exim India
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