Historical First: Ultra-large Oil Tanker Provisionally Set to Transport Crude Oil from Egypt to South Korea, Opening a New Shipping Route

(1) Shipping transaction documents show that a Very Large Crude Carrier (VLCC) has been tentatively contracted, planning to load crude oil from northern Egypt and transport it to South Korea. This is the first time such a charter order has appeared on this route. (2) The specific arrangement is as follows: the DHT Stallion tanker will load cargo at Egypt’s Sidi Kerir port from August 18 to 20, and then sail to Ulsan port in South Korea for unloading. (3) According to Kpler, a commodity shipping data agency, records since 2008 show that this shipment is the first such cross-regional transport order in its database.