Industry
Chinese Lessor Orders Four Very Large Crude Carriers
A Chinese financial leasing company has ordered four very large crude carriers at a domestic yard in a deal worth around five hundred million dollars, with each vessel of about 319,000 deadweight tonnes priced near 125 million dollars.
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Industry
US sets August bidding for third Gulf offshore lease sale
The US has advanced its third Gulf of Mexico oil and gas lease sale, offering roughly 15,100 blocks with bids to be read on 12 August.
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Vessel sales
COSCO orders 24 bulkers in $1.27bn leasing play
COSCO Shipping Development has ordered 24 dry bulk vessels worth RMB8.66bn ($1.27bn), deepening its leasing business with long-term charters back into the COSCO group.
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