Dec 12, 2010

Sinopec want to create the world’s first VLCC fleet



The first 11 months of this year, Sinopec, China Merchants shipping carrier has more than 10 million tons of crude oil imports more than doubled last year, said Li Jianhong, chairman of China Merchants ships, the two companies will further strengthen mutually beneficial cooperation in future efforts.
Li Jianhong was recently in Beijing to attend the China Petrochemical and China Merchants Group, COSCO, China Shipping Group, China Shipping Sinotrans CSC Group Four “national forum on long-term fortunes of oil and lubricating oil cooperation agreement signing ceremony,” made the above remarks. Li Jianhong, said China continued rapid growth in imports of crude oil transportation, “national oil fortunes” has become a national strategy; four tanker aircraft fleet is the national corporate fleets, fleet also Sinopec, the company will actively cooperate with and support China’s Sinopec imports crude oil transportation needs.
Cai, senior vice president of Sinopec has fully affirmed Greece’s cooperation over the past few years, achievements, China’s Sinopec Group signed with the four major maritime transport of crude oil since the long-term cooperation agreement, Sinopec, the country round of the carrier crude oil imports rose from 9% to 2004 in 2010 years of 38%. The next 5-10 years, Sinopec crude oil imports will continue to increase, but also further enhance the “National oil fortunes,” the proportion of promotion and to build the world’s first Chinese VLCC (very large oil tankers) fleet. It is understood that the four aircraft owned VLCC as: Investment ship 11, in the sea 10, CSC 9, Cosco 18 (including rental income).
Source: ChinaWuliu

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