Tuesday, February 18, 2014 NYK ships more Middle East crude to ThailandNYK has continued its contract with Thai Oil, and will be shipping oil from the Middle East to Thailand via a third very large crude-oil carrier, the Taizan, according to an NYK statement. The company said Taizan, built in 2002 with a capacity of 300,000 tons, will shuttle oil mainly from the Arabian Gulf to Thailand for three years. Thai Oil, which operates one of the largest refineries in Thailand, established a joint venture in 2011 that purchased the VLCC Tenyo from NYK, chartering it under a 10-year contract. The same process followed to conclude a long-term contract with NYK for the VLCC Tateyama in November 2012. This third vessel, Taizan, was added to Thai Oil's fleet in the same way. More Newswire stories Asia food importers shift from dry bulk to container ships CSAV raises capital for prospective merger with Hapag-Lloyd Port of Long Beach names new environmental planning director Canadian National railway raises rates for older oil tank cars
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