Central Shipping Monaco adds another at Hyundai-Vinashin

Central Shipping Monaco adds another at Hyundai-Vinashin

Central Shipping Monaco, owned by Evangelos Pistiolis, has exercised an option to build a 50,000 dwt MR tanker. The option was part of one plus one contract signed in November 2016 with Hyundai-Vinashin in Vietnam. The price is thought to be $32.5m per ship. Both vessels will deliver in 2018.

Central Shipping Monaco has another similar ship under construction at the same yard for delivery this year.

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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