CM Lemos orders first LR2s

Piraeus-based Nereus Shipping, an affiliate of CM Lemos, has ordered three 115,000 dwt LR2 tankers at Hyundai Vietnam Shipbuilding. According to Clarksons Research the ships deliver in the second half of 2025 and are costing $65.2m each. This marks the first LR2s for CM Lemos, an owner best known for its suezmax coverage.

Hyundai Vietnam has had a busy year, picking up a slew of orders, primarily tanker-related, with 2025 slots now becoming scarce.

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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