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.