Almi in for pair of VLCC newbuilds

Almi in for pair of VLCC newbuilds

Greece’s Almi Maritime has ordered two VLCCs at Hyundai Heavy Industries. The ships are costing around $85.5m each with delivery due at the end of next year, according to Allied Shipbroking.

“Although the order is of note, the limited volume of new orders being placed is not what one would have imagined given the considerable decrease in prices over the past 2-3 months,” the broker said in its latest weekly report.

Almi was founded in 2009 by the Fostiropoulos family who also run dry bulk outfit Fairsky Shipping.

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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