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Hong Kong-Based Winson Oil Buys Ship to Store Oil in Europe

By Jessica Jaganathan SINGAPORE, Oct 11 (Reuters) – Hong Kong-based trader Winson Oil has bought a very large crude carrier (VLCC) to store oil in the Mediterranean as it pushes to expand its business in Europe, two company sources said. The step could boost Asian gasoil margins if the firm enters the spot market to […] The post Hong Kong-Based Winson Oil Buys Ship to Store Oil in Europe appeared first on gCaptain.
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Buys VLCC to store gasoil in Mediterranean. Hong Kong-based trader Winson Oil has bought a very large crude carrier (VLCC) to store oil in the Mediterranean as it pushes to expand its business in Europe, two company sources said. Th...

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