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Commodities

Marshall Islands Firm Buys Gas Tankers From Global Owners

A shell firm in the Marshall Islands has acquired two gas tankers from Chinese and Greek owners as Russia expands its fleet.

Marshall Islands Firm Buys Gas Tankers From Global Owners
Image: BullishMarketCap

According to Euromaidan Press, a single shell firm registered in the Marshall Islands has acquired two gas tankers from Chinese and Greek owners. The transactions contribute to the expansion of a fleet associated with funding Russia's war efforts.

Fleet Expansion

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The acquisition involves vessels transferred from owners in China and Greece to the Marshall Islands entity. Details regarding the purchase prices or specific operational routes were not disclosed in the initial reports.

Key facts

  • A shell firm in the Marshall Islands purchased two gas tankers.
  • The vessels were acquired from Chinese and Greek owners.
  • The expansion supports the fleet utilized in funding operations.
#Commodities#Energy#Shipping

Source: news.google.com

This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.

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