Indonesian shipbuilders receive orders worth US$220 mln

Jakarta (Antara News/Asia Pulse) - Shipping companies from the Netherlands, Britain and Germany will place orders for cargo ships and tankers worth US$220 million from Indonesian shipbuilding companies.

PT Destini Marine and three state shipyards PT Dok & Perkapalan Kodja Bahari, PT Dok and Perkapalan Surabaya and PT Industri Perkapalan Indonesia, are scheduled to sign contracts with the foreign shipping companies in July, a company official said.

Negotiations are in the final stage with prospective buyers, Chairul Anhar, president of Destini Marine, said.

Business in Asia Today - May 8, 2007
published by Asia Pulse
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