Thai company plans fleet expansion

Thai company plans fleet expansion Thoresen Thai Agencies is planning to expand its fleet of general cargo and dry-bulk vessels over the next five years, according to The Nation, a newspaper based in Bangkok.
   The Nation’s Web site said Thoresen has 45 vessels with aggregate capacity of 1.25 million deadweight tons. Individual ships are mostly in 17,000-20,000 dwt range, and the paper said the company plans to replace about 25 of the older ships with newer and larger vessels.