|
|
Article: INDONESIAN SHIPPER ARPENI SELLS SHIPS, PLANS TO BUY NEW SHIPS.
- Article from:
- AsiaPulse News
- Article date:
- August 27, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
JAKARTA, Aug 27 Asia Pulse - Publicly traded Indonesian cargo shipping company PT Arpeni Pratama Ocean Line (JSX:APOL) has sold tanker ships valued at Rp749.88 billion (US$75 million).
Arpeni, however, plans to buy seven new ships including tankers, tugboats and barges, to cost around Rp2.8 trillion, its corporate secretary Ronald Nangol said.
The company recorded a profit of US$800,000 form the sales in January to April, Ronald told the newspaper Investor Daily.
He said the seven ...