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New Shipping acquires MOL VLCC
According to broker reports, Adam Polemis-led New Shipping has moved to acquire the 299,000 dwt VLSS Vega Trader from Mitsui OSK Lines, at a price of approximately USD 21 million. As of January 2018, with an approximate overall total of 50,000 mt deadweight cargo capacity, New Shipping’s vessels are trading in over 40 countries throughout the Mediterranean, Black Sea and Northern Europe calling over 120 ports worldwide.
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