Greek owner Evangelos Marinakis has secured a deal with Hanwha Ocean for two very large crude carriers, with deliveries scheduled for 2027. The agreement includes an option for an additional newbuild, costing approximately $125m each. Marinakis-controlled Capital also has six LNG dual-fuel VLCCs under construction at Dalian Shipbuilding Industry Co, with deliveries expected until 2028.
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Canada Condemns China’s Execution of 4 Canadians on Drug Convictions
China has executed four Canadians over drug-related convictions, worsening tensions between the countries, according to Canada's foreign affairs minister Mélanie Joly. The executions were condemned by Canada, with efforts still ongoing to seek clemency for other Canadians facing similar situations. The move comes amid deteriorating relations between the two nations, further strained by previous arrests and diplomatic disputes. Full Article
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