The cash will go on three reefer newbuildings inthe next three years, according to CEO Adriana Giudice.
SeeNews reported that Norwegian-owned Australexpects to win government approval for the vessels.
The $28m ships will replace seven non-refrigeratedcargo vessels.
The first could be delivered in 2015 froman unnamed Norwegian yard.
The second will be built by Peru’s AstillerosServicios Industriales de la Marina (SIMA).
A third contract has yet to be decided.
Austral