Topic
newbuilds
Logistics Capital Tankers Expands VLCC Fleet with Three Newbuilds from Marinakis Affiliate
Capital Tankers, backed by Evangelos Marinakis, is acquiring three VLCC newbuilding contracts from parent company Capital Maritime & Trading Corp. The vessels are under construction at China's Hengli Shipbuilding for delivery in late 2027. The transaction involves an upfront payment of $111.8 million by end of June, with remaining balances due upon delivery, and is expected to strengthen the company's orderbook.
Logistics Fredriksen Doubles Down on Newcastlemaxes with Four More Chinese Newbuilds at Dajin Heavy Industry
John Fredriksen-backed Seatankers Management has exercised options for four additional newcastlemax bulk carriers at emerging Chinese shipbuilder Dajin Heavy Industry, bringing its orderbook to eight 210,000 dwt vessels. Brokers estimate the total programme value at nearly $600 million, with deliveries scheduled between 2028 and 2029. The move is part of a broader surge in newcastlemax contracting linked to expectations surrounding Guinea's Simandou iron ore project.
Logistics Global Ship Lease Orders 10 New Boxships for $917 Million
Global Ship Lease has ordered 10 new containerships worth $917 million, marking a strategic shift towards newbuilds. The vessels, set for delivery between 2028 and 2030, will enhance the company's fleet with ultra-high-reefer capabilities.
Logistics Jinhui's Strategic Fleet Renewal with Newbuild Orders
Jinhui Shipping and Transportation has ordered two new dry bulk vessels from Jiangmen Nanyang Ship Engineering in China, valued at $68.3 million. This move aligns with Jinhui's strategy to modernize its fleet by replacing older vessels.