Report: A.P.Møller-Mærsk to Order 25 ships in China

Wednesday, September 13, 2006
A.P.Møller-Mærsk is still prepared to invest in new ships from China and is going to order 25 ships in the course of one year, wrote the newspaper China Business News according to the news agency AFX.

An unnamed employee at A.P.Møller-Mærsk’s office in China has told the newspaper that the shipping line last week signed a deal to buy four container ships at the Dailan Shipbuilding Industry and 80 tons deadweight tug vessels at Quingdao Qianjin.

During the last 10 years A.P.Møller-Mærsk has bought 75 ships in China for about DKK 17.6 billion. According to AFX this makes the Danish shipping company the largest foreign buyer of ships from China.

(Source: http://borsen.dk)

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