Good for Business, Lithuania, Port, Transport

International Internet Magazine. Baltic States news & analytics Saturday, 27.04.2024, 17:55

Lithuania's Limarko buys two reefer ships

BC, Vilnius, 21.07.2020.Print version
Limarko, a Lithuanian shipping company, part of the Limarko Group, has acquired two reefer ships, bringing its total fleet to eight vessels, including three container ships and five reefer ships, the group said, reported LETA/BNS.

The coronavirus pandemic and a drop in ship prices have created favorable conditions for expanding the company's fleet, Vytautas Lygnugaris, president of the Limarko Group, said.


"Due to their size and technical properties, the newly-acquired ships are ideal for the transportation of fish and seafood in the global market. With their acquisition, we have bolstered our competitive edge in the complicated shipping market," he said.


Reefer ships are use to transport meat, fish, fruits and vegetables.


The Limarko Group includes for companies of Limarko, Limarko Juru Agentura, Baltkonta andBelarusian subsidiary LimBela Logistics.






Search site