US-listed tanker owner Petrogress is beefing up its operations by chartering in up to two handysizes.
New STS deal
Petrogress has also announced a strategic investment in ship-to-ship (STS) operations.
This will enhance revenue opportunities through new cooperation with EDT Offshore Agency Services that anticipates a 50:50 partnership in Greece, Cyprus and Egypt.
The new company will provide "supply craft" and tugs for oil transfers, Petrogress said.
EDT