Xiamen International Port Co purchases four vessels
Xiamen International Port Co (XIPG) announced on 18 November that Xiamen Port Shipping - an indirect non-wholly-owned subsidiary of XIPG - has inked a purchase contract with Jiangsu Zhenjiang to acquire four new tug boats, which are due for delivery between December 2013 and January 2014. The total contract value is RMB110m, SinoShipNews reports.