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CSET signs VLCCs deal with Sinochem
发布时间: 2018-01-12 分享到:

COSCO Shipping Energy Transportation has signed an agreement with Sinochem Oil to charter in five very large crude carriers as part of its efforts to expand fleet.

They are the 2004-built Ocean Lily, 2010-built Habour Splendor, 2011-built Island Splendor, 2011-built Spring Splendor and 2012-built Sea Splendor.

The charter agreement would help the company to expand the VLCC capacity while also helping Sinochem to focus on its core business.

Moreover, the chartered ships would increase CSET’s operational flexibility.

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COSCO Shipping Energy Transportation Co., Ltd. (“COSCO Shipping Energy”) is a specialized company engaging in energy shipment such as oil and gas, comprising China COSCO Shipping Corporation Limited. Its predecessor is China Shipping Development Company Limited (01138K, 600026), headquartered Shanghai, the main subsidiaries include COSCO Shipping Tanker (Shanghai) Co., Ltd., COSCO Shipping Tanker (Dalian) Co., Ltd., China Shipping Group Gas Investment Co., Ltd., China Shipping Development (Hong Kong) Marine Co., Limited and China Shipping Development (Singapore) Marine Co., Limited.
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