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SPP Group Announces Combined Orders Worth $660 Million

Reuters reports that Unlisted SPP Shipbuilding and SPP Plant & Shipbuilding have received $660 million worth of orders to build 15 ships.

The parent company SPP Group released a statement Monday, announcing the contract to build 15 ships including seven bulk carriers to be delivered to unidentified European and Turkish shipping companies between 2012 and 2014.

Source: Reuters; Photo: SPP Group Shipyard