July 25 (Reuters) - Eagle Bulk Shipping Inc. ELGE.O said it is buying 26 Supramax vessels in a $1.1 billion deal that will more than double the size and tonnage capacity of its fleet.
The company is buying the vessels from the parent of Anemi Maritime Services, a private Greek shipping company. (Reporting by Gurdeep Singh in Bangalore)
NEW YORK/HOUSTON/BEIJING (Reuters) - Saudi Arabia has quit a long-held lease for 5 million barrels of Caribbean oil storage near the key U.S. market and state giant PetroChina is poised to move in, industry sources say, a potentially major shift in global oil trade dynamics.
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