Evangelos Marinakis moves to order 10 MR tankers at STX

Greek owner Evangelos Marinakis and Capital Maritime & Trading have signed a letter of intent with South Korean yard STX for the construction of up to 10 MR tankers.

According to shipbroking sources, the LOI includes a firm orders for four vessels, and three two-vessel options

Deliveries will start from the fourth quarter of 2020.

Capital Maritime & Trading currently owns a fleet of 28 vessels, and has another three tankers on order at Deahan and Samsung Heavy in South Korea.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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