Economou takes Shell VLCC

Economou takes Shell VLCC

George Economou’s TMS Tankers has been linked by brokers as the buyer of the 2011-built Orthis VLCC. TMS is thought to be paying Shell $57m for the 319,300 dwt ship, which was formerly trading as the Andromeda Glory.

TMS operates a wide range of tankers including aframaxes, suexmaxes and product carriers. The Orthis is its fourth VLCC to go along with the Desimi, Solana and Universal Brave.

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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