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 November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

US Plans to Shut Royalty Loophole on Coal Exports

U.S. coal companies will no longer be able to settle royalties at low domestic prices when they make lucrative sales to Asia according to reforms proposed by the Interior Department on Friday.

Denmark Issues New Pilotage Regulations

In an effort to make the pilotage market more efficient, the Danish Maritime Authority (DMA) issued several new regulations following on amendments to the pilotage act.

US Shippers, West Coast Dockworkers Union Resume Contract Talks

Negotiators for shipping lines and terminal operators at 29 U.S. West Coast ports resumed contract talks with the union for dockworkers on Thursday, as cargo backups continued at the ports,

 
 
Naval Architecture Navigation Offshore Oil Pipelines Port Authority Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.2534 sec (4 req/sec)