VLCC ordering spree pulls Mercuria back to Chinese yards

Mercuria is lining up its next move in shipbuilding, with industry sources pointing to a potential order for very large crude carriers (VLCCs) in China. Market sources have the Swiss commodity trading group and shipowner wrapping talks with CSSC’s Dalian Shipbuilding Industry Corp (DSIC) for up to four 306,000 dwt tankers. The deal covers two …

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