Nepline to Purchase Tankers

Thursday, June 29, 2006

Nepline is actively sourcing for suitable double-hulled tankers for acquisition in order to improve its revenue. The foreign subsidiary, Nepline (Singapore) Pte, has sealed a $12m shipbuilding contract for the construction of one (with an option to construct another one) 7,000 deadweight tonnes double-hulled product oil tanker from China. Source: Bernama

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