APICORP, Tufton Oceanic Sets Up $150Mn Petroleum Shipping Fund
The Arab Petroleum Investments Corporation (APICORP) is setting up a $150mn petroleum shipping fund which will be the first in the region to target a specific vessel category. The fund has already acquired five medium range petroleum product tankers, said the Al-Khobar/Dammam-based multilateral development bank on 25 February. These will be employed in the regional and international tanker...
Please log in to read the rest of this story.
You may purchase access to entire MEES digital archives by subscribing. This subscription gives you access to all the content of MEES digital archives up to 1978!