Indonesia: Jakarta-based PT Humpuss Intermoda Transportasi has said that it has plans to buy 29 new vessels over the next four years.
The company plans to spend US$1.1 billion, with the funding coming from both internal and external sources. Some defunct vessels will also be sold off. “Until 2012, we will buy nine dry bulk vessels, nine chemical tankers, four floating loaders and one container vessel,” said President director Angus Darjanto in The Jakarta Post. As at June 30, 2008, Humpuss had 24 vessels.
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