China Venezuela Shipping confirms VLCC orders at Bohai
A joint venture between China's CNPC and Venezuela's PDVSA has confirmed a VLCC order last week at China's Bohai Shipbuilding Heavy Industry Company (BSIC), SinoShipNews reports.
China Venezuela Shipping Co (CVSC), or Zhongwei Shipping, headquartered in Singapore, has booked two 320,00 dwt tankers plus two options at the yard for delivery in late 2014.