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 REN Building is a proposal for a hotel, sports and conference center for the World Expo 2010 in Shanghai. The building is conceived as two buildings merging into one. The first building, emerging from the water, is devoted to the activities of the body, and houses the sports and water culture center. The second building emerging from land, is devoted to the spirit and enlightment, and houses the conference center and meeting facilities. The two buildings meet in a 1000 room hotel, a building for living. The building becomes the Chinese sign for ‘The People’, and a recognizable landmark for the World Expo in China.
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