Greater China

XIPG purchases four vessels

Shanghai: Xiamen International Port Co (XIPG) announced on 18 November that Xiamen Port Shipping – an indirect non-wholly-owned subsidiary of XIPG – has inked a purchase contract with Jiangsu Zhenjiang to acquire four new tug boats, which are due for delivery between December 2013 and January 2014. The total contract value is RMB110m.  [19/11/12]

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