10 Largest Oil Tanker Shipping Companies In The World

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7. China VLCC – 10.5 million DWT

China VLCC Company Limited (CVLCC) was established in September 2014 and currently owns a fleet of 36 VLCCs. It is a joint venture between China Merchants Energy Shipping (CMES), which owns 51%, and Sinotrans that has the remaining 49%. The company is the largest VLCC owner in China and one of the world’s leading crude oil tanker operators.  The company is set to expand rapidly as the Chinese government wants to transport crude oil mainly using its own oil tanker companies.

10 Largest Oil Tanker Shipping Companies In The World

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