A dozen or more Japanese VLCCs of a similar vintage to the NYK-owned 300,000-dwt Taizan (built 2002) are set to hit the sale-and-purchase (S&P) market in the coming years as the country’s owners progress with their fleet renewal.
Kyoei Tanker this week ordered a VLCC at Japan Marine United (JMU), giving it three VLCCs on order, the first to be delivered in April next year.
