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03 AUG 2026 MONDAY
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South Korean shipowner Pan Ocean has stepped up its expansion in the crude tanker market with an order for four very large crude carriers (VLCCs), extending a steady shift beyond its traditional dry bulk roots. The Harim Group-controlled company disclosed in a stock exchange filing that it plans to invest KRW783.4bn ($525m) in the quartet …
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news Splash247 ·2026-05-14

Pan Ocean expands crude tanker push with four VLCC newbuilds

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