Latsco orders VLGC pair at Hyundai Heavy Industries

Latsco orders VLGC pair at Hyundai Heavy Industries

Greek company Consolidated Marine Management (CMM) has placed an order at South Korean yard Hyundai Heavy Industries for the construction of two 80,000 cu m very large gas carriers (VLGCs).

According to shipbroking sources, the price for each vessel is $73m and delivery is scheduled in 2020.

CMM is the technical manager for Greek owner Latsis Kassidokostas’ Latsco, which owns a fleet of 29 vessels made up of 20 tankers and nine LPG carriers.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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