Independent journal on economy and transport policy
19:43 GMT+2
Minoan Seeks Capital Increase for Fleet Renewal Program
(MaritimeToday.com)
May 29, 2001
Greek ferry operator Minoan Lines plans a capital increase to partly finance its fleet renewal program but may opt to sell non-core holdings if stock market conditions do not improve, it said in a statement.
Minoan has already taken delivery of three new ferries and expects five additional vessels. Its investment program is financed by bank loans, 70 percent, ...... Read more on MaritimeToday.com
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