The joint venture China VLCC has sold two secondhand very large crude carriers (VLCCs) for USD133 million. It bought the VLCCs for USD165 million from Sinokor Merchant Marine in April 2015, according to IHS Maritime's Sea-web.com: the 2009-built Beijing Sunrise and 2011-built Dalian Glory. Since its inception in September 2014, China VLCC - 51% owned by the China Merchants Energy Shipping and 49% owned by Sinotrans - has operated about 30 VLCCs.
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