Tiếng Việt
Last week, PVTrans signed a time charter contract with ST Shipping to charter MT. Poseidon M (96,125 DWT). The time charter rate was fixed and appraised as a satisfactory deal.
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MT. Poseidon M - 96,125 DWT |
The continuously and unpredictable fluctuation of the world crude oil market has consequently caused the change of voyage cost, especially bunker costs. Shipowners are now facing with hard pressure to make profit from their fleet.
Letting MT.Poseidon M on time charter will, firstly help PVTrans to minimize risks on its business, and secondly to concentrate its resources to the major strategic mission: the transportation arrangement of crude oil and oil products for Oil Refinery No. 1 (Dzung Quat).
CMN - P.KD&PTTT
Read more:
- PetroVietnam studying the expansion and upgrading of Dzung Quat Oil Refinery
- PVTrans signed the 2nd product tanker
- Dzung Quat oil refinery signed contracts for its operation
- Interest Rate Swap Agreement (IRS agreement) singing ceremony between PV Trans and ANZ Bank
- Loan Agreement singing ceremony between Southern Petro Transportation Company (SPT) and Natixis Bank
- $220 million a back-up guaranty
- Supervising visit to Dzung Quat Refinery and Vinashin's shipyard in Quang Ngai
- PVTrans put official brand-new step on product oil transportation market
- PVTrans established its branch in Quang Ngai province
- PV Trans establishes PVTrans Pacific Co.