SAUDI ARABIA

Aramco Acquires Tanker Tonnage 

According to shipping sources in London, Saudi Aramco has purchased a substantial amount of tanker tonnage recently - at least four and possibly as many as six or seven vessels. The four tankers that have so far been identified are: Robinson (418,000 dwt) and London Trader (350,000 dwt), both bought from Marathon Oil; Corona Star (230,000 dwt), bought from Amerada Hess; and Aquila Trader (257,000 dwt), bought from Goulandris. It is thought...