PV Trans receives a large oil tanker

09:03 | 11/07/2017 Energy

Petrovietnam Transportation Corporation (PV Trans) has just announced the completion of investing the first oil tanker in 2016 by receiving PVT Saturn oil tanker in Singapore. Rightly after receiving PVT Saturn PV Trans has signed a contract for shipping the first consignment to India on June 26, 2017 and expected to exploit the international markets as Northern Asia, India, Middle East.

pv trans receives a large oil tanker
The PVT Saturn Tanker was built in Sekwang Shipbuilding

PVT Saturn is an IMO2, Oil/Chemical Tanker built in 2008 at Sekwang Shipbuilding Co. Ltd (S. Korea) with the parameters as tonnage: 13,159 DWT (deadweight tonnage), length: 128.6m, width: 20.4m, water line: 8.7m and maximal speed: 13.4 mile/h.

Investment in PVT Saturn placed in plan and long term strategy of PV Trans for “bring new blood” into the fleet, enhancing transportation capability to meet the domestic and international market needs. Specially, to serve transportation of oil products from the refinery and petrochemical plants in Vietnam.

PV Trans, whose precursor was Oil and Gas Transportation Company, is a state enterprise, member unit of Petrovietnam.

PV Trans has been assigned a task to found and develop a transportation fleet of crude oil, petroleum products and implement the other kinds of business to meet the increasing needs of the oil and gas industry of Vietnam and the region.

Theo Vietnamenergy