Indonesia: Arpeni to Acquire Two Panamax Bulk Carriers

Indonesian listed shipping company, Arpeni Pratama Ocean Line, is going to get two ships this month as part of its effort to boost its fleet, reports The Jakarta Globe.

Oentoro Surya, president director of the company, said that the ships would be delivered from China in the next few weeks with the price tag of $41 million each. The ships will be Panamax bulk carriers with a deadweight tonnage of 76,000 tons.

The company is planing to finance the purchase with both bank loans and its own money, covering 80 percent with loans. Several overseas banks, including Singapore’s UOB and Nordic bank SEB, have committed to providing the loans, he said. UOB is one of the three lenders in Singapore. SEB is a leading North European financial group that focuses on commercial and investment banking.

Arpeni was established in October 1975. It became a public listed company in June 2005. Its main business includes transporting timber products, dry bulk cargo, general cargo and liquid cargo.

Shipbuilding Tribune Staff, February 19, 2012; Image: apol

 

Share this article

Follow World Maritime News

Posted on February 19, 2012

In Depth>

Events>

<< Aug 2015 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
31 1 2 3 4 5 6

ICCAS 2015 – International Conference on Computer Applications in Shipbuilding

The 17th International Conference on Computer Applications in Shipbuilding (ICCAS) will review operational experience from existing computer…

read more >

Salvage & Wreck Asia 2014

At Asia’s only specialist salvage and wreck removal conference, delegates heard from industry leaders on topics including…

read more >

PIANC SMART Rivers Conference

The SMART Rivers Conference is a biennal forum bringing together those involved in river transport form developing and developed countries…

read more >

NEVA 2015

The NEVA 2015 profile will promote traditional sectors of Shipbuilding, Ship Equipment, Offshore Shelf Construction and Equipment, Ports…

read more >