‘New kid on the block’ Penfield Marine punches above its weight
Low-key commercial manager corners first two US crude export cargoes after 40-year ban is lifted.
Low-key commercial manager corners first two US crude export cargoes after 40-year ban is lifted.
The Bahamas-flagged MT Theo T departs Corpus Christi, Texas carrying the first U.S. crude export after Congress repealed the 40-year-old export ban.
History is being made with the first export shipment of crude oil in more than 40 years.
Penfield Marine has launched its first pool aims to grow it to 10 to 15 vessels within six months.
Newcomer Penfield Marine has continued its gradual steps to build a chartered-in fleet this week by fixing a panamax tanker owned by Hellespont Shipping.