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KSOE seals $891m order for 10 VLCCs

The large order comes as the year winds to a close and seals South Korean yard's dominance in the segment. The buyers were undisclosed but Greek interests placed orders from South Korean yards earlier in 2020

The very large crude carriers are scheduled to be delivered by March 2023. With the latest contracts, KSOE has won orders to build 21 VLCCs, making up 70% of the global market for the vessels so far this year

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