Zhejiang Satellite adds another six VLECs

Zhejiang Satellite Petrochemical has fixed an additional six 98,000 cu m VLECs through newbuild orders and charters in order to meet its growing ethane transportation demands from its new plant in Lianyungang, confirming a report by Splash last month. Satellite Petrochemical ordered two VLECs each at Hyundai Heavy Industries and Samsung Heavy Industries, with deliveries scheduled in 2022. …

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