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Evalend adds two more LPG carriers at Hyundai Mipo

Photo of Sam Chambers Sam ChambersMarch 10, 2021
423 Less than a minute

Greece’s Evalend Shipping has declared options for two midsize LPG carriers at Hyundai Mipo. This follows an original order for two 40,000 cu m newbuildings placed in December last year. The latest carriers will deliver in the first half of 2023 based and are costing $45.5m per unit.

Evalend has negotiated with the Korean yard to ensure the ships while conventionally fuelled, they have an option to LPG upgrade.

Evalend first moved into the LPG orders six years ago, placing orders at the same shipyard, located in Ulsan in the southeast of South Korea.

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Photo of Sam Chambers Sam ChambersMarch 10, 2021
423 Less than a minute
Photo of Sam Chambers

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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