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New containerline linking Southeast Asia and Australasia

New containerline linking Southeast Asia and Australasia

Kuala Lumpur: A Malaysian backed shipping line is set to link distant parts of Southeast Asia with Papua New Guinea, the South Pacific and Australasia. Starting next week, MBF Carpenters Shipping will deploy a 910 teu ship, Osnabruck, on the intercontinental route. The Osnabruck has been taken on charter at $4,300 a day according to Maersk Broker and is one of four similarly sized ships operated by the company.

MBF Carpenters's principal activities are merchandise retailing and wholesaling, automotive and machinery sales and service, transport and shipping agents. In addition, it provides financial services, ship repairs, agricultural products and owners of property and investments. The Group operates in Fiji, Papua New Guinea, Samoa and Australia. It is part of MBF Holdings, a Malaysian conglomerate.  [16/03/10]