Sun Enterprises orders up to three MR tankers at Hyundai Mipo

Greek owner Stavros Livanos’ Sun Enterprises is said to have placed order for three 50,000 dwt MR tankers at South Korean yard Hyundai Mipo Dockyard.

According to shipbroking sources, the newbuilding contract includes a firm order for two vessels and an option for another vessel. The price of the new ships is around $37.3m each. Delivery is scheduled to start in 2020.

Sun Enterprises currently operates a fleet of 16 tankers made up of one VLCC, three suezmaxes, six post panamaxes, two panamaxes and four handysizes. The company has another eight vessels on order.

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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