Venezuela Places Order for Japanese Oil Ships

13 February 2011 (Last Updated February 13th, 2011 18:30)

Venezuela has placed an order for four Aframax-sized oil tankers with an undisclosed Japanese company. The first ship will be delivered in early March. The second and third vessels will be delivered later this year while the fourth will be delivered in 2012. The ships will

Venezuela has placed an order for four Aframax-sized oil tankers with an undisclosed Japanese company.

The first ship will be delivered in early March. The second and third vessels will be delivered later this year while the fourth will be delivered in 2012.

The ships will be the first Japanese oil ships received by Venezuela in the last 30 years, according to The Wall Street Journal.