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,...
Sea transport is one of the least environmentally damaging modes of transport and, when compared with land based industry, is a comparatively minor contributor to marine pollution from human activities.
It is estimated that land based discharge (sewage, industrial effluent and urban/river run off etc.) and atmospheric inputs from land industry sources account for some 77% of marine pollution generated from human activities. In contrast, maritime transport is only responsible for some 12% of the total (see graphic)
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