ID :
51550
Fri, 03/20/2009 - 19:07
Auther :
Shortlink :
https://www.oananews.org//node/51550
The shortlink copeid
Hanjin Shipping to raise investment to US$875 mln this year
SEOUL, March 20 (Yonhap) -- Hanjin Shipping Co., South Korea's largest shipping
line, said Friday it plans to spend US$875 million this year to buy ships and
build container terminals.
The earmarked capital spending is up 17 percent from last year's $748 million,
according to the company.
Hanjin said earlier it plans to add 11 container vessels and 20 bulk carriers to
its fleet by the end of 2012 to grab a bigger share of the global shipping
market.
sam@yna.co.kr
(END)
line, said Friday it plans to spend US$875 million this year to buy ships and
build container terminals.
The earmarked capital spending is up 17 percent from last year's $748 million,
according to the company.
Hanjin said earlier it plans to add 11 container vessels and 20 bulk carriers to
its fleet by the end of 2012 to grab a bigger share of the global shipping
market.
sam@yna.co.kr
(END)
