NEW YORK ( TheStreet) -- A blank-check company sponsored by the Greek shipping group Navios Holdings (NM - Get Report) finally has a business to go along with its incorporation, after announcing an agreement on Thursday to purchase 13 tanker ships for nearly half a billion dollars.Eleven of the ships are so-called "product" tankers, meaning they carry refined products such as gasoline or jet fuel. The other two are chemical tankers.
Navios SPAC Strikes $458M Tanker Deal
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