KG Maritime Shipping to expand fleet

Bulgaria's KG Maritime Shipping is planning to expand its fleet by 25 vessels, said 30 per cent shareholder Kiril Domuschiev.

Dnevnik a.m. reports that the group has already assigned some US$626 million to investment projects in 2008, most likely for the purchase of new vessels according to Domuschiev. Eight 34,000DWT vessels are expected to be the first deals to be negotiated.
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