Navios Purchases Four LR2 Tankers for $250 Million
Angeliki Frangou’s Navios Maritime Partners (NYSE: NMM) has agreed to purchase four newbuild 115,000 dwt LR2 tankers. The vessels are being acquired for a purchase price of $58.5 million each,...
At least two sailors died and 23 were missing Sunday when five ships sank in storms in the Black Sea and the Azov Sea, the official Russia Today Web site said.
The strong winds and high surf caused the Volgoneft-139 to split in two, spilling up 560,000 gallons of fuel oil, an official from Russia’s Emergency Situations Ministry told CNN.
That is approximately 1,000 tons. In addition to the five ships that sank, many others were grounded, Russia Today reported.
http://www.cnn.com/2007/WORLD/europe/11/11/russia.spill/#cnnSTCVideo
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