Kyoei Tanker in for a VLCC

Kyoei Tanker has turned to compatriot shipbuilder Japan Marine United (JMU) for a 311,000 dwt VLCC. The ship will deliver at the start of 2018. No price has been given.

Kyoei Tanker has said it is rejigging its fleet to have a greater crude tanker exposure. Its only other ship on order is an LPG vessel due for delivery in the middle of next year.

The Kyoei fleet afloat today includes five VLCCs, two MR tankers, two LPG carriers as well as a bulk exposure comprising two handymaxes, two panamaxes and two post-pnanamaxes.



Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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