Zodiac Maritime unleashes $1.6bn VLCC and boxship play in China

Eyal Ofer’s Zodiac Maritime has joined the latest wave of crude carrier orders, placing a major VLCC newbuilding programme in China as part of its broader $1.6bn fleet renewal drive. The London-based owner has ordered six firm and up to eight conventionally fuelled VLCCs from Jiangsu New Hantong Ship Heavy Industry, marking its biggest move …