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Kyklades adds two more suezmax tankers at Hyundai Samho

Photo of Jason Jiang Jason JiangSeptember 25, 2019
65 Less than a minute

Alafouzos family-controlled Kyklades Maritime has placed an order at Hyundai Samho in South Korea for the construction of two 158,000 dwt suezmax tankers.

The order adds to four 158,000 dwt suezmax tankers currently under construction for Alafouzos-controlled companies at the shipyard.

The latest two ships are scheduled for delivery in May 2021, following the delivery of the initial two ships in the third quarter of 2020.

According to Hyundai Samho, the value of the order is KRW159bn ($132m).

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Photo of Jason Jiang Jason JiangSeptember 25, 2019
65 Less than a minute
Photo of Jason Jiang

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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