VLCC for MOL-Sinotrans

Mitsui O.S.K. Lines (MOL) has signed an agreement under which M.S. Tanker Shipping Limited, a joint-venture company with Sinotrans, will own a newly built double-hulled Malacca-Max type VLCC. The 310,000 dwt tanker is being built at Mitsui Engineering & Shipbuilding in Japan for delivery between March and May, 2008.