Swee Joo to Take Delivery of Tanker

Swee Joo Bhd, a Kuching-based shipping company, will receive the first of its two 7,000-ton product tankers next week. The $12m Asia Star, built in China, will be deployed on the company's South-East Asia routes covering Vietnam, southern China and east Malaysia.

The second tanker, Asia Bright, will be delivered in the first half next year.

The company has 14 container ships, three general cargo vessels, seven barges and seven tugboats, making Swee Joo the second largest domestic-route shipping operator with total vessel capacity of 4,183 TEUs. Source: The Star