Samudera Shipping Line, the container branch of PT Samudera Indonesia, the biggest shipping company of Indonesia, states that it has made an agreement to purchase two container vessels for a total of US$83 million.
The vessels, to be built by Guangzhou Wenchong Shipbuilding in South China, will each has a capacity of 1,740 TEU and be delivered in the fourth quarter of 2008. Samudera intends to deploy these vessels in one of its major service, in line with its strategy of improving frequency. The group statement announced its intention to explore opportunities to purchase more vessels. The group currently operates 22 container vessels on a combination of short- and long-term lease.
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