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Tuesday, March 21, 2017 1:35:40 AM
$BSTN Boston Carriers, Inc acquires new shipping vessel fleet to expand global operations in joint venture partnership BSTN
Boston Carriers Inc (OTCMKTS:BSTN)
LONG BEACH , CA, USA, February 7, 2017EINPresswire.com/ — Boston Carriers (OTC BTSN) partners with Bahri oil transportation to expand company operations and increase revenue by 500 %
Presently, Bahri Oil Transportation commercially manages a total of 36 VLCCs including one VLCC designated as floating storage unit, four MRs and one Aframax. Bahri ranks among the top three VLCC owners globally
LPG Sector: Bahri joins hands with Petredec Limited by acquiring 30.3% share. Petredec is committed to increasing its fleet, in both size and type, into the future. Very Large Gas Carriers (VLGC) will form an integral part of the company’s operations and provide an increasingly flexible approach to the LPG industry.
Chemical Carriers: Bahri Chemicals is a subsidiary of Bahri and SABIC in 80:20 partnership. Bahri Chemicals presently owns and operates 26 chemical tankers and 5 MR Product Tankers. This represents Bahri Chemicals to be among the leading chemical owners globally.
Bahri operates (6) General Cargo vessels which are specialized in carrying general, projects cargo and several types of RoRo cargoes and are equipped with heavy lift cranes. The capacity of each ship is approximately 26,000 tons.
Dry-Bulk: Bahri Dry Bulk ‘BDB’ is a subsidiary of Bahri and ARASCO in 60:40 partnerships, BDB owns 5 Dry-Bulk Vessels.
Bahri’s presently owns a fleet of 83 vessels and additional 10 VLCCs are under construction due for delivery during 2017/2018.
About: Boston Carriers, Inc.
is an international, shipping company providing ideal solutions for the worldwide seaborne transportation of dry bulk commodities through owned and managed fleet.
Boston’s fleet currently consists of one Handymax vessel.
Boston reports under Securities and Exchange Commission (“SEC”) rules and regulations, and applies U.S. Generally Accepted Accounting Principles’ financial reporting standards.
For More Information Please visit http://www.bostoncarriers.com
Sophia Almada
www.marketwatchers.com
Boston Carriers Inc (OTCMKTS:BSTN)
LONG BEACH , CA, USA, February 7, 2017EINPresswire.com/ — Boston Carriers (OTC BTSN) partners with Bahri oil transportation to expand company operations and increase revenue by 500 %
Presently, Bahri Oil Transportation commercially manages a total of 36 VLCCs including one VLCC designated as floating storage unit, four MRs and one Aframax. Bahri ranks among the top three VLCC owners globally
LPG Sector: Bahri joins hands with Petredec Limited by acquiring 30.3% share. Petredec is committed to increasing its fleet, in both size and type, into the future. Very Large Gas Carriers (VLGC) will form an integral part of the company’s operations and provide an increasingly flexible approach to the LPG industry.
Chemical Carriers: Bahri Chemicals is a subsidiary of Bahri and SABIC in 80:20 partnership. Bahri Chemicals presently owns and operates 26 chemical tankers and 5 MR Product Tankers. This represents Bahri Chemicals to be among the leading chemical owners globally.
Bahri operates (6) General Cargo vessels which are specialized in carrying general, projects cargo and several types of RoRo cargoes and are equipped with heavy lift cranes. The capacity of each ship is approximately 26,000 tons.
Dry-Bulk: Bahri Dry Bulk ‘BDB’ is a subsidiary of Bahri and ARASCO in 60:40 partnerships, BDB owns 5 Dry-Bulk Vessels.
Bahri’s presently owns a fleet of 83 vessels and additional 10 VLCCs are under construction due for delivery during 2017/2018.
About: Boston Carriers, Inc.
is an international, shipping company providing ideal solutions for the worldwide seaborne transportation of dry bulk commodities through owned and managed fleet.
Boston’s fleet currently consists of one Handymax vessel.
Boston reports under Securities and Exchange Commission (“SEC”) rules and regulations, and applies U.S. Generally Accepted Accounting Principles’ financial reporting standards.
For More Information Please visit http://www.bostoncarriers.com
Sophia Almada
www.marketwatchers.com
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