Over 700 Barges Stranded by Mississippi River Closure in Memphis Due to Bridge Crack
The U.S. Coast Guard said 44 vessels with a total of 709 barges are now in the queue as a 1-miles stretch of the Mississippi River remains closed after a...
Maersk Tankers has inked a deal with Great Eastern Shipping Company Ltd of India for the purchase of 3 newbuild VLCCs with delivery expected for the first half 2012. The three newbuildings will join Maersk Tankers’ fleet of 15 VLCCs and 2 newbuildings, placing Maersk Tankers in the top 5 of independent VLCC owners.
“We have ambitions to grow in the VLCC segment, but without adding to an already large orderbook. At this point we believe that second hand and resale deals offer superior value compared to building and we will continue to search for further growth opportunities,” says Head of Crude, Claus Gronborg.
The deal, brokered by Clarksons, involves three 318,000 dwt newbuildings from HYUNDAI Heavy Industries, the first of which will be delivered in January 2012, the other two follow in March and April same year.
Join the 68,552 members that receive our newsletter.
Have a news tip? Let us know.