Vela orders six VLCCs

Vela International Marine Limited, a wholly owned subsidiary of Saudi Aramco, signed a contract with Daewoo Shipbuilding & Marine Engineering (DSME) to build six VLCCs at its Okpo yard in South Korea. The ships will be built to Vela's high specifications and standards, including state-of-the-industry, high-technology systems and fittings.

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