Zhejiang Satellite Petrochemical in negotiations for more VLECs at Korean yards

Zhejiang Satellite Petrochemical is currently in talks with South Korean yards for the construction of more VLECs in order to meet its ethane transportation demand from its new plant in Lianyungang. Satellite Petrochemical currently has six 98,000 cu m VLECs under construction at Hyundai Heavy and Samsung Heavy. The company took over the ownership of the …

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