A Chinese owner has ambitious plans for its ships to sail further afield in its capacity as a bulk buyer of bunker oil.
Brightoil Group is aiming to ramp up its fleet to meet the demands of a business plan that involves going further for bunker oil and buying in bulk, says a company insider.
The Shenzhen-based shipowner will use its soon-to-be-delivered fleet of five VLCCs to transport fuel oil from South America and Europe to China, the official claims.
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