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,...
A Coast Guard vessel inspects damage to the 65,131-ton container ship Cosco Busan, which struck the wood, plastic and concrete fender on the second Bay Bridge tower west of Yerba Buena Island. Chronicle photo by Michael Macor
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