STX Pan Ocean to spend US$ 320-M on increasing fleet
STX Pan Ocean Co., South Korea's leading bulk-shipping line, said Monday that it plans to spend US$ 320 million on nine bulk carriers this year.
According to the company, it is set to take deliveries of 15 new ships this year, more than last year's 11 new vessels. STX Pan Ocean said that with the purchases, its fleet will grow to 500 ships from last year's 400 vessels.
According to the company, it is set to take deliveries of 15 new ships this year, more than last year's 11 new vessels. STX Pan Ocean said that with the purchases, its fleet will grow to 500 ships from last year's 400 vessels.