Greece’s Atlas Maritime has been identified as the owner behind a shipbuilding contract for three very large ammonia carriers in South Korea.
Shipbuilding sources said the Leon Patitsas-led company had booked a 93,000 cu m trio at HD Hyundai Heavy Industries in Ulsan, delivering by December 2027.
The vessels, that lift Atlas’ orderbook to nearly 20 ships are worth about $124m each.
This year kicked off with high demand for LPG/ammonia carrier newbuild berths, especially in South Korea. Several Greek players had made headlines in the past couple of months, including George Economou’s TMS Cardiff and Anna Angelicoussis Kanellakis-controlled Alpha Gas.
Atlas, which has mostly focused its investments in the tanker and car carrier segments with its partner European Maritime Finance (EMF) of Denmark, is yet to confirm taking the plunge into VLAC newbuildings.
