MOL to Take Delivery of VLCC

Friday, July 21, 2006
MOL says that its joint venture with China’s Sinotrans, MS Tanker Shipping expects to take delivery of a VLCC newbuilding in 2008. A press statement does not specify whether malaccamax ship is a new order at Japan’s Mitsui Engineering & Shipbuilding or an existing order by MOL. MOL set up M.S. Tanker with Sinotrans, one of China’s major shipping companies, in April, 2004 to meet China’s increasing demand for crude oil transport. The JV has taken ownership of one VLCC and has chartered one another from MOL. Both of these ships, which have single hulls, have mainly traded between the Middle East Gulf and China.
Maritime Reporter August 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Timing in Doubt on Hapag-Lloyd IPO

German container shipping group Hapag-Lloyd has taken further steps in preparation of a stock market listing and has mandated more banks for the move, but it remains

Rosneft, Gazprom to Receive Four Arctic Fields

Ministry of the Environment sent to the government documents on the transfer of "Rosneft" and "Gazprom" licenses for the development of four more fields on the Arctic shelf,

Virginia-Class Submarine Named USS Iowa

Secretary of the Navy Ray Mabus hosted a ship-naming ceremony today in Ames, Iowa to announce that SSN 797, a Virginia-class attack submarine, will bear the name USS Iowa.

 
 
Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.3110 sec (3 req/sec)