MOL Takes Delivery of New Malacca Max VLCC

Very large crude carrier (VLCC) Phoenix JamnagarImage Courtesy: MOL

Mitsui O.S.K. Lines (MOL) has taken delivery of the very large crude carrier (VLCC) Phoenix Jamnagar on April 24.

Delivered from Japan Marine United Corporation, the 311,798 dwt vessel will be placed under control of MOL’s Singapore-based subsidiary Phoenix Tankers.

The JMU designed Malacca Max tanker will primarily be employed for the crude oil transportation to India under a long-term contract between Phoenix and Reliance Industries Limited.

Featuring a length of 339.5 meters and a beam of 60 meters, the Phoenix Jamnagar has a gross tonnage of 160,857 tons.

MOL said it would further enhance its relationship with Reliance. Just last week, MOL joined forces with an unnamed investor to acquire a stake in Reliance Industries’ six very large ethane carriers (VLEC).

Once the transaction is finalized, MOL and Reliance Ethane Holding would jointly control the VLEC-owning companies. MOL is currently the operator of all the six VLECs.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Jul 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

Maritime Reconnaissance and Surveillance Technology

As varied threats in the Mediterranean Sea continue to proliferate, the need to advance…

read more >

2nd GREENTECH IN SHIPPING GLOBAL FORUM

Forum you will find out from the regulators, government bodies and major ports’ representatives what the near…

read more >

7th Annual Arctic Exchange

Every year the Exchange invites delegates from across the globe to come together to listen to key senior management teams…

read more >