Jakarta (ANTARA News/Asia Pulse) - Shipping companies from the Netherlands, Britain and Germany will place orders for cargo ships and tankers worth US$220 million from Indonesian shipbuilding companies.
PT Destini Marine and three state shipyards PT Dok & Perkapalan Kodja Bahari, PT Dok and Perkapalan Surabaya and PT Industri Perkapalan Indonesia, are scheduled to sign contracts with the foreign shipping companies in July, a company official said.
Negotiations are in the final stage with prospective buyers, Chairul Anhar, president of Destini Marine, said.
Business in Asia Today - May 8, 2007
published by Asia Pulse