Koch Industries of the US has concluded the charter of another Chinese-controlled VLCC, despite trade tensions between the countries.
European shipbroking sources said the US conglomerate has fixed the 309,000-dwt New Melody (built 2019) from shipowner China VLCC for a year at $30,000 per day, making the deal worth nearly $11m in gross charter revenue. Koch did not respond to a request for comment.
