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China Merchants offloads another ageing VLCC

China Merchants Energy Shipping (CMES) has sold its 17-year-old very large crude carrier to GCC Fuel Supply.  The Shanghai-listed energy transport unit of China Merchants Group has offloaded the 2005-built for around $32.5m and has already received deposits of close to $3.4m. Delivery will take place by July 20, 2022. Since 2021, CMES has sold …

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China Merchants Energy Shipping (CMES) has sold its 17-year-old very large crude carrier to GCC Fuel Supply.  The Shanghai-listed energy transport unit of China Merchants Group has offloaded the 2005-built for around $32.5m and has already received deposits of close to $3.4m. Delivery will take place by July 20, 2022. Since 2021, CMES has sold …

[post_title] => China Merchants offloads another ageing VLCC [post_excerpt] => China Merchants Energy Shipping (CMES) has sold its 17-year-old very large crude carrier to GCC Fuel Supply.  The Shanghai-listed energy transport unit of China Merchants Group has offloaded the 2005-built for around $32.5m and has already receive... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => china-merchants-offloads-another-ageing-vlcc [to_ping] => [pinged] => [post_modified] => 2022-06-20 09:42:00 [post_modified_gmt] => 2022-06-20 09:42:00 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=168068 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )