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,...
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INDIAN OCEAN (April 13, 2009) The guided-missile destroyer USS Bainbridge (DDG 96) tows the lifeboat from the Maersk Alabama to the amphibious assault ship USS Boxer (LHD 4), in background, to be processed for evidence after the successful rescue of Capt. Robert Phillips. Phillips was held captive by suspected Somali pirates in the lifeboat in the Indian Ocean for five days after a failed hijacking attempt off the Somali coast. Boxer is deployed as part of Boxer Amphibious Readiness Group/13th MEU supporting maritime security operations in the U.S. 5th fleet area of responsibility. Maritime security operations help develop security in the maritime environment and compliment the counterterrorism and security efforts of regional nations. From security arises stability that results in global economic prosperity. These operations seek to disrupt violent extremistsÕ use of the maritime environment to transport personnel and weapons or serve as a venue for attack. (U.S. Marine Corps photo by Lance Cpl. Megan E. Sindelar/Released)
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