COSCO SHIPPING Energy to Cooperate with Sinochem Oil
COSCO SHIPPING Energy Transportation and Sinochem Oil signed an agreement on oil tanker transportation cooperation with Sinochem Oil in Shanghai in early January. Based on the business development trend, COSCO SHIPPING Energy Transportation will invest more on the transport capacity of VLCC. According to the agreement, COSCO SHIPPING Energy Transportation will lease 5 VLCCs from Sinochem Oil. This will deepen the cooperation on energy transportation between COSCO SHIPPING Energy Transportation and Sinochem Oil.
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2026-08-05
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