• BIST 107.202
  • Altın 145,263
  • Dolar 3,5161
  • Euro 4,1312
  • İstanbul 25 °C
  • Ankara 21 °C

Order delayed to save costs

Order delayed to save costs
Chile-based Vapores, the region's leading shipper, said on Tuesday it had delayed an order for new vessels to save costs as dwindling international trade hits its earnings.

Chile-based Vapores, the region's leading shipper, said on Tuesday it had delayed an order for new vessels to save costs as dwindling international trade hits its earnings.

Chile-based Vapores, the region's leading shipper, said on Tuesday it had delayed an order for new vessels to save costs as dwindling international trade hits its earnings. In a note to the country's market regulator, the company said that instead of ordering four ships of 12,600 twenty-foot-equivalent units (TEU) for delivery between 2010 and 2011, it would get five ships of 8,000 TEU each to be delivered between 2011 and 2012. Vapores plans to save around $19 million with the new order.

The ships' builder is South Korea-based Samsung Heavy Industries, Vapores said.

The company said it had reached an agreement with a group of banks led by BNP Paribas to finance the new ships and two others under construction.

Facing a weakened shipping market Vapores posted losses of $413 million in the fist half of the year. Global shipping fees have been reduced to a fraction of previous levels because of the recession.

www.TurkishMaritime.com.tr

This news is a total 2473 time has been read
  • Comments 0
    UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
    Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
    Bu habere henüz yorum eklenmemiştir.
Other News
All Rights Reserved © 2006 TURKISH MARITIME | İzinsiz ve kaynak gösterilmeden yayınlanamaz.
Phone : 0090 212 293 75 48 | Fax : 0090 212 293 75 49 |