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financeLOWCN2026-04-22 06:45 UTC

JP Morgan tipped for $500m VLCC move at DSIC

JP Morgan tipped for $500m VLCC move at DSIC

US banking giant JP Morgan is being linked to a fresh push into crude shipping, with multiple brokers pointing to a VLCC newbuilding order worth around $500m at China’s Dalian Shipbuilding Industry Co (DSIC). Market sources say a JP Morgan-backed shipowning platform has signed for two 307,000 dwt ne

ORIGINAL SOURCE →via Splash Maritime
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