Azov-Don Shipping Company plans to invest some $340 million into the Group’s fleet renovation till 2012. By that time the Group of Companies intends to form a powerful shipping company capable of operation in the Mediterranean and Northern Basins. According to the Group’s forecasts, the fleet’s total deadweight is to reach 500,000 tonnes with container fleet accounting for 10,000 TEU
2008 August 27
Shipping company expanding business
Azov-Don Shipping Company plans to invest some $340 million into the Group’s fleet renovation till 2012. By that time the Group of Companies intends to form a powerful shipping company capable of operation in the Mediterranean and Northern Basins. According to the Group’s forecasts, the fleet’s total deadweight is to reach 500,000 tonnes with container fleet accounting for 10,000 TEU