Sinopec, the world’s largest charterer of dirty tankers, has unveiled a plan to build the first VLCC dock at Lianyungang for local requirements and transshipments to central China.
The Chinese energy major said it would soon establish a joint venture with Lianyungang Port Holding Group to prepare for the dock construction in the Xu Wei area of Lianyungang.
“We will set up a joint working group for the works imminently,” Sinopec said.
