The company plans to increase its competitiveness by eliminating old ships and introducing new ones
By:: George Liao, Taiwan News, Staff Writer
TAIPEI (Taiwan News) — Taiwan Navigation Co. (台灣航業) signed a shipbuilding contract
with Sumitomo Corporation and Oshima Shipbuilding Co. on Tuesday to have two 81,600-ton bulk carriers built and delivered by 2022, Liberty Times reported on Wednesday.
Taiwan Navigation said that the company plans to increase its competitiveness in the fast-changing bulk cargo market by eliminating old ships and introducing new ones, Liberty Times reported. [FULL STORY]