CSSC in VLCC joint venture with Rongsheng Petrochemical
The partners agree to ‘forge a rather large VLCC fleet’, which will serve a significant refining-chemical integration facility in Zhoushan, with an annual processing capacity of 40m tonnes of crude oil
A market downturn and lack of appetite for orders by traditional shipowners prompts the Chinese shipbuilding giant to establish ties with cargo interests. Brokers predict demand from the processing facility could spark demand for up to 30 very large crude carriers
If content does not display, please refresh your browser.
Not a subscriber?
Find out about tailored subscription packages:
T: +44 (0) 20 3377 3792
E: subscription.enquiry@lloydslist.com
Request a Demo Getting a demo tailored to your needs is the best way to see how our solutions will help you gain an advantage.
Request Demo