Swiss trader Gunvor chartered a tanker to transport ESPO brand oil to South Korea, RBC Daily reports citing Bloomberg’s information obtained from Optima Shipbrokers Ltd. and Seatown Shipbroking Ltd.

 

The vessel of carrying capacity of 1 million barrels of oil is reported to be charged on March 5th at the port of Kozmino (Primorsky Territory, the end point of the Eastern Siberia - Pacific Ocean pipeline). The tanker is currently bound for South Korea from Singapore.

Gunvor a Swiss company, the third largest global oil trader. The company's revenues from oil and petroleum products in 2009 totaled $53b, a 18.5 percent drop from a year earlier.