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,...
The Poseidon Mystery Island is competing for the title of the world’s first luxury underwater resort. The complex will be designed by Bruce Jones, famous for designing a series of $80-million luxury submarines with their own private state rooms and plush carpets, designed for voyages of up to three weeks in length. The project will cost $105 million and will be submerged next to a private island at a depth of 40 feet with an amazing view of the ocean floor.
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