Japanese shipowner NYK is planning to spend JPY 500bn-plus ($6bn) on new vessels as part of investments outlines in its new four-year plan, called “More Than Shipping 2013”.
The fleet should grow to more than 960 ships by 2016, up from 820 now, as it taps Indian and Chinese demand, it said.
This calls for an extra JPY 110bn to be pumped into new car carriers, JPY 100bn for small and medium-sized bulkers and JPY 20bn for tankers.
In addition, it will spend JPY 200bn on new LNG and offshore vessels.
It has already committed JPY 1.3 trillion to buying new ships.
More details of the plan could be found here!
Source: Seatrade Asia
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