What Crew Members Say About Lorian

In a significant development in the maritime industry, New Shipping, under the leadership of Adam Polemis, has finalized the acquisition of the VLCC Vega Trader, boasting a deadweight tonnage of 299,000 dwt. The vessel has been purchased from Mitsui OSK Lines (MOL) for approximately USD 21 million, as confirmed by broker reports. Established in January 2018, New Shipping currently operates a fleet that encompasses around 50,000 metric tons of deadweight cargo capacity. With its vessels engaged in trade across more than 40 countries in regions inclusive of the Mediterranean, Black Sea, and Northern Europe, New Shipping calls at upwards of 120 ports globally, reinforcing its position in the shipping market.