Evangelos Marinakis' Capital Ship Management has fixed out a fourth VLCC on long-term charter to Al-Iraqia Shipping Services & Oil Trading (Aissot), European shipbroking sources said.
The deal represents a deepening of the company's cooperation with the Dubai-based joint venture between Iraqi Oil Tanker Co and Arab Maritime Petroleum, which is aiming to upgrade and expand Iraq’s tanker fleet with owned and chartered tonnage.
