View Issue #583 Now!
Wintermar to spend $60 mln on new vessels
Indonesian offshore service provider PT Wintermar Offshore Marine plans to spend $60 million on capital expenditure this year, financed by internal cash and bank loan, said Investor Relations Officer Pek Swan Layanto.
The company, which currently owns 71 vessels, will buy four new vessels this year.
Note: Reuters has not verified this story and does not vouch for its accuracy.
American Journal of Transportation
116 Court Street, Suite 5
Plymouth, MA 02360
© Copyright 1999–2014 American Journal of Transportation.All Rights Reserved.