Article: BRIEFING - ASIA ENERGY - JULY 21, 2006.

An executive briefing on energy for July 21, 2006, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

CHINA SEEN TO NEED 40-50 MORE JUMBO OIL TANKERS OVER NEXT 5 YRS

BEIJING - China will need an additional 40 to 50 jumbo oil tankers over the next five years due to the increase in the country's crude oil imports and exports, an industry insider said on Thursday.

Henrik O. Madsen, President of Det Norske Veritas (DNV), one of the industry's main classification companies, predicted that China's ship-building capacity will quadruple by 2015, ...

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