NO. 35

5 JUNE 1989


Vela Charters 27 Vessels in April and May

The Saudi Arabian chartering firm Vela chartered around 12 tankers in Apriland 15 in May for trip and period charters from the Middle East, according toshipping industry sources. This is in addition to Vela's own four tankers whichit operates on a cif basis to the US Gulf. A breakdown of the total volumecarried by Vela chartered vessels during the past five months by the Londonweekly Oil Afloat is as follows: