Port News

Eastern Pacific presses VLCC comeback with fresh Hengli order

Idan Ofer’s Eastern Pacific Shipping (EPS) is pushing further into the VLCC market, lining up two more newbuildings at Chinese yard Hengli Shipbuilding. The Singapore-based owner has booked the 306,000 dwt vessels in a deal valued at between $200m and $300m, according to a stock exchange filing by Hengli’s parent, Songfa Ceramics. Delivery is scheduled …

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