Regional Container Lines PCL Announces Acquisition of Vessels

By: | at 07:00 PM | Maritime  

Regional Container Lines PCL announced that Regional Container Lines Pte Ltd., its wholly owned subsidiary in Singapore, plans to acquire two container vessels from Jiangsu Eastern Heavy Industry Co., Ltd. at a total price of US$42 million or approximately THB 1,449 million. The vessels are expected to be delivered in December 2007 and March 2008, respectively. The transaction size is 5.64% of the Company’s total assets. (Reuters)


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