Three Japanese VLCC orders revealed

Three Japanese VLCC orders revealed

Japan Marine United (JMU) has won three rare VLCC orders, sources tell Splash. Yokohama-based JX Ocean has come in for two VLCCs and Kyoei Tanker has signed for one too. All are due for delivery in 2018. No price has been disclosed.

JX Ocean is part of oil firm JX Group and is the result of a merger in 2014 between JX Tanker and JX Shipping. Its fleet today comprises 58 ships.

Kyoei Tanker, meanwhile, can trace its history back to 1937. Its fleet today includes five VLCCs, five product tankers and six bulkers.

For JMU, the orders seal up 2018 at its docks and it is now marketing 2019 and even 2020 slots.

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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