Connecticut-based commercial manager Penfield Marine has taken a big step in building its fledgling suezmax pool by taking in two newbuildings from Cosco Shipping Energy Transportation (CSET).
Connecticut firm finds larger home while branching out into Singapore and expanding management footprint.
Tanker pair continue to generate healthy dividend for investors, finance house says. Lloyd Fonds has issued a tasty payout to investors in a pair of panamax tankers.
Watch a video of this historic departure.
The sea stretched toward the horizon last New Year’s Eve as the Theo T, a red-and-white tug at her side, slipped quietly beneath the Corpus Christi Harbor Bridge in Texas.