Brightoil Shipping boss Per Wistoft is firmly denying broker reports that the first of the company’s five VLCCs — the 319,000-dwt Brightoil Gravity (built 2012) — has been fixed out on period-charter business.

The rapidly growing tanker owner, based in Singapore as a branch of China’s privately owned Brightoil Petroleum, is gearing up its crude-trading business while taking delivery of a series of five VLCCs from South Korea’s Hyundai Heavy Industries (HHI).

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