Korea’s Hyundai Merchant Marine (HMM) is planning to buy a 270,000-ton large crude oil carrier to meet rising demand for oil transportation in the Asia Pacific region. The increased demand is the result of growing crude oil imports by China and India. The Korea Herald said HMM will be buying the vessel from Japan’s Idemitsu…
KOREA: Hyundai Merchant Marine buys another large crude oil carrier
Posted on September 15, 2004 by EnergyAsia