Cosco Shipping Energy Transportation (CSET) has reportedly secured period cover for two of its VLCCs, taking advantage of renewed optimism for the vessel class.
CSET has fixed the 308,300-dwt Xin Long Yang (built 2017) to ExxonMobil for three years at $32,000 per day, according to brokers. The tanker was ordered at Dalian Shipbuilding Industry Co in 2014 for $95m.
ExxonMobil and CSET did not reply to requests for comment.