News by topic – Page 325

Pacific Basin to Pay USD 74 Mn for Bulker Quartet

The secondhand purchase would be 33% funded by new Pacific Basin shares to be issued to the ships’ sellers.

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The 165,000 cbm jumbo ethane/ethylene carriers would have IMO Type B cargo tanks made of Hi-MN steel.

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LNG is the most mature, scalable, and commercially viable alternative fuel currently available for the maritime industry.

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The company took numerous steps and has invested in reduction of the carbon footprint at its four terminals.

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A steel-cutting ceremony in China marked the start of construction.

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