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Angelicoussis orders up to four newcastlemaxes

Angelicoussis orders up to four newcastlemaxes

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Having put pen to paper on $560m worth of VLCC newbuilds so far this year, John Angelicoussis, via his company Anangel Shipping Services, is being linked with a bulker splurge.

Brokers, including Allied from Greece, report Angelicoussis, one of Greece’s largest shipowners, has returned to a familiar yard, Shanghai Waigaoqiao Shipbuilding, for two firm and two option newcastlemaxes. The 208,000 dwt ships are Tier III compliant and are set to deliver in 2020. A price in the region of $47.5m per unit has been reported.

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Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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