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.