Atlantska Plovidba to Acquire New vessels with Investment Worth c.USD 137m

The delivery of all ships is scheduled for 2023.

Atlantska Plobidba published an announcement on the ZSE stating that the Management Board has given consent for the construction of two ships and two optional bulk carriers of 82,000 DWT in order to modernize and renew the fleet. The aforementioned was concluded with Jiangsu Hantong Ship Heavy Industry, while the ships correspond to IMO Tier III and EEDI Phase 2 standards.

The decision on the activation of option contracts will be made within the deadlines stipulated in the contract. The company notes that the total value of the investment is approximately USD 137m, while the delivery of all ships is scheduled during 2023.

As a reminder, in the first 6m of 2021, Atlantska Plovidba noted a very solid result with sales increasing by 71% YoY and net profit increasing by as much as 79%. The company’s share is also currently the best performing CROBEX constituent in 2021 (+221.6% YTD).

InterCapital
Published
Category : Flash News

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