SEOUL: Board members of Saudi Aramco visited the headquarters of South Korea’s Hyundai Heavy Industries Co Ltd, as the shipping arm of Saudi Arabia’s state oil firm looks to buy up to 10 tankers, four industry sources said.
Saudi Arabia has been supplying more crude to Asian markets and Saudi Aramco’s shipping arm has tendered to build five very large crude carriers (VLCCs) plus up to five optional vessels for 2017 delivery, said one of the sources.
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