News Content
PC “Lithuanian Shipping Company” signed an agreement to sell motor vessel “Alka”
On the 13th January, 2014 Board of Directors of PC “Lithuanian Shipping Company” (LJL) has approved an agreement to sell the motor vessel „Alka“.
“Consistently implementing approved company’s strategic business plan for the years 2014-2016, it was decided to sell this motor vessel, concentrating on the targeted “Handysize” segment”, - underlined Audronis Lubys, General Director of PC “Lithuanian Shipping Company”.
The conditions of the sale are confidential. The sale of motor vessel “Alka” will not have any material effect on LJL financial results. Funds received from the sale will be used for working capital and repayment of the loans.
Source: Lietuvos Juru Laivininkyste AB
“Consistently implementing approved company’s strategic business plan for the years 2014-2016, it was decided to sell this motor vessel, concentrating on the targeted “Handysize” segment”, - underlined Audronis Lubys, General Director of PC “Lithuanian Shipping Company”.
The conditions of the sale are confidential. The sale of motor vessel “Alka” will not have any material effect on LJL financial results. Funds received from the sale will be used for working capital and repayment of the loans.
Source: Lietuvos Juru Laivininkyste AB
Latest News
- For the first time, tianjin Port realized the whole process of dock operati...
- From January to August, piracy incidents in Asia increased by 38%!The situa...
- Quasi-conference TSA closes as role redundant in mega merger world
- Singapore says TPP, born again as CPTPP, is now headed for adoption
- Antwerp posts 5th record year with boxes up 4.3pc to 10 million TEU
- Savannah lifts record 4 million TEU in '17 as it deepens port
