Port News

Samudera snaps up pair of ethylene carriers

Indonesian owner Samudera Shipping Line is expanding its fleet with two secondhand ethylene gas carriers. The Singapore-listed owner has agreed to buy unnamed Bahama-flagged units built in 2009 and 2010 for $12.6m. The acquisition will be financed through a combination of internal resources and bank borrowings, the company said. No further details have been disclosed …

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