Concordia Damen Bags Order for 40 Dual-fuel Tank Barges

Dutch shipbuilder Concordia Damen said Friday it has signed a contract for 40 eco-friendly dual-fuel barges with institutional investors advised by J.P. Morgan Asset Management. The barges will be chartered by Shell and operated by the VT Group/Marlow. Frachtcontor Capital Partners was the broker for the deal.

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