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STX Pan Ocean to buy three capesize vessels

STX Pan Ocean to buy three capesize vessels

Seoul: South Korean shipping firm STX Pan Ocean has announced that it is to purchase three capesize vessels from a Chinese company for 239bn won ($256.8m), reports Reuters. In a filing to the Korea Exchange, the company said that it would take delivery of the bulk carriers by 2010.  [29/11/07]

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