Chinese dry player EGPN makes tanker debut with VLCC acquisition

Chinese bulker owner and operator EGPN Bulk Carrier has made its debut in tankers, snapping up a secondhand VLCC and a chemical tanker.

Speaking to TradeWinds, director Zhang Yun confirmed the acquisition of the DSME-built, 305,700-dwt KHK Vision (built 2007) and the Japanese-built, 12,200-dwt Crane Argo (built 2010).

The VLCC was sold by Hong Kong's Tai Chong Cheang Steamship, while the chemical tanker was owned by Shikoku Kaiun of Japan.